In Germany, they warned about falling living standards and a wave of bankruptcies

PBavarian Prime Minister Zeder warned of falling living standards and a wave of bankruptcies in Germany. According to the Prime Minister of Bavaria, none of the foreign trips of German politicians to find an alternative to Russian gas was successful. He pointed out that the crisis threatens to drop the standard of living of the German population

Germany warned of falling living standards and a wave of bankruptcies

Markus Zeder

Due to the energy crisis in Germany, there may be a drop in the standard of living of certain segments of the population and a wave of bankruptcies, Bavarian Prime Minister Markus Zeder said in an interview with Bild.

The politician pointed out that none of the foreign trips of Chancellor Olaf Scholz and the head of the Ministry of Economy Robert Habek, made in order to find an alternative to Russian gas, was successful, and the decision to extend the operation of the three remaining nuclear power plants in the country has not yet been made. “Since there is no effective package of measures to ease the burden [for citizens], there is a threat of a drop in the standard of living of entire segments of the population and a wave of bankruptcies for the middle class,” the Bavarian prime minister warned.

Commenting on Scholz’s statement that Germany is well prepared for winter, Zeder noted: “I do not know what this hope is based on.” “Citizens in any case, they have more confidence in the traffic light” (this is how the current ruling coalition consisting of the Social Democrats, “greens” and liberals is called in Germany. —RBC). There is not enough gas and energy. If the level of gas storage capacity just in the south of the country cannot be significantly increased, then there will not be enough [gas] for the winter,” the politician stated.

Scholz previously said that Russia has ceased to be a reliable gas supplier for the country. This happened against the background of a reduction in pumping through the Nord Stream-1 pipeline, which Gazprom explained with technical reasons and problems with the return of the Siemens turbine from repair. Berlin believes that the reduction in supplies is caused by political reasons, Moscow denies this.

On September 2, Gazprom announced its decision to completely stop Nord Stream due to technical reasons.

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Germany has set a goal to bring the level of gas in the country’s GHG to 95% by November. As of August 26, the storage facilities were filled by 81.28%, according to data from the Federal Network Agency. At the same time, many German politicians expressed the opinion that Germany will not be able to abandon Russian gas in the coming years.

The energy crisis is growing in Europe against the background of rising gas prices. Some countries have introduced a special regime in the energy sector to save fuel for cold weather. In Germany, in particular, this fall and winter all public buildings will be heated to 19 degrees instead of 22.

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