The German government is postponing its decision on a gas and electricity price brake that had been planned for Friday.
Due to the complexity of the project and necessary consultations with the European Union, it will probably not be possible to refer the matter to cabinet this week, said a spokesperson at a regular news conference on Monday.
The goal, however, is to have the entire project approved by the Bundesrat upper house of parliament at the beginning of December.
Check Also
Lower Natural Gas Prices Squeeze Big Oil’s Profits in Q1 2024
Much lower natural gas prices this year compared to 2023 dragged down profits at some …