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Markets Print edition: 2022-11-26

German cabinet approves gas, electricity price brake

Published November 26, 2022 Updated November 26, 2022 04:13am
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By Reuters
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BERLIN: The German cabinet has approved planned gas and electricity price brakes in an expedited process, Chancellor Olaf Scholz said on Friday, as part of efforts by the government to tackle soaring energy bills for households and businesses.

He was speaking during a visit by French Prime Minister Elisabeth Borne to Berlin, during which the two countries signed a joint declaration to strengthen commitment to energy solidarity.

German Chancellor Olaf Scholz Elisabeth Borne

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