Germany Upper House: Germany’s upper house of parliament has approved a so-called energy rate break, which will cap electricity and gas prices in Europe’s biggest economy to ease the impact of higher prices on consumers and businesses. Germany’s Chancellor Olaf Scholz said in a tweet, “Rate breaks for gas, electricity and district heating are coming! It’s a good thing the Bundestag and Bundesrat have decided.” According to the report of the news agency Xinhua, further information is yet to come. The rate breaks are to be implemented from March 2023,…
Read MoreGermany Upper House Germany Parliament Approves Fixing Of Electricity Gas Rates Consumers And Business
