German Chancellor Olaf Scholz said on Friday that the country should speed up the transition to green energy both for climate protection and more prosperity. Speaking to reporters in Berlin, after a meeting with business and trade union leaders, Scholz underlined that Germany has ambitious goals, and it is aiming …
Read More »Xi Urges Ukraine Peace Talks, Warns against Nuclear Crisis in Eurasia in Meeting with Scholz
Chinese President Xi Jinping reaffirmed China’s support for Germany and Europe playing an important role in facilitating peace talks on the Ukraine crisis and building a balanced, effective and sustainable security architecture in Europe when he met with German Chancellor Olaf Scholz on Friday. Under the current circumstances, the international …
Read More »EU Agrees Roadmap to Contain Energy Prices
EU leaders on Oct. 21 reached agreement on a “roadmap” aimed at putting in place measures within weeks to shield European consumers from soaring energy prices. The accord came after 11 hours of wrangling over broad proposals to lower energy bills as gas prices pushed skywards by the war in …
Read More »Germany Extends Nuclear power amid Energy Crisis
German Chancellor Olaf Scholz has ordered the country’s three remaining nuclear power stations to keep operating until mid-April, as the energy crisis sparked by Russia’s invasion of Ukraine hurts the economy. Originally Germany planned to phase out all three by the end of this year. Mr Scholz’s order overruled the …
Read More »Germany is Finally Rethinking its Position on Nuclear Power
It sure looks as though momentum is all of a sudden getting behind nuclear power, with even NPR coming out and writing yesterday that “resistance to nuclear power is on the decline worldwide — and environmentalists helped lead the push.” Now, with energy prices going parabolic in his country, German …
Read More »Scholz Promises Tax Relief to Help Germans with Energy Bills
German Chancellor Olaf Scholz on Thursday (11 August) promised a new package of measures, including tax relief, to help people struggling with rising energy bills as a result of a gas standoff with Russia. “Citizens can count on us not to abandon them,” Scholz told journalists in Berlin. An energy …
Read More »Germany could End Russian Oil Imports this Year
Germany could end Russian oil imports this year, Chancellor Olaf Scholz said on Friday, signaling the urgency driving Europe’s biggest economy to wean itself off energy from Russia. “We are actively working to get independent from the import of (Russian) oil and we think that we will be able to …
Read More »Germany Says Putin has Agreed to Keep Payments for Gas in Euros
German Chancellor Olaf Scholz has announced that Russian President Vladimir Putin has climbed down from a demand that Europe pay its gas bills in rubles and will allow payment in euros for the meantime, Deutsche Welle (DW) reported on March 30. The Russian leader said money would be paid into …
Read More »Scholz: Russian Energy Ban would Mean European Recession
An immediate ban on Russian energy imports would trigger an economic recession in Germany and across Europe, German Chancellor Olaf Scholz warned Wednesday. Speaking to the Bundestag, Scholz said Germany would end its energy dependence on Russia in due course but cutting all ties now would hit the German economy …
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