It can arise due to a sharp rise in energy prices, due to problems in supply chains, as well as due to inflation.
The Germans were warned about several years of economic hardship. According to German Finance Minister Christian Lindner, they are caused by energy problems and inflation. On Wednesday, June 22, the Süddeutsche Zeitung reported.
Lindner noted that in a few weeks and months there could be a very alarming situation in the country.
“It’s about three or four, maybe five years of shortage. And we have to find an answer there,” Lindner said.
According to him, there is “the risk of a very serious economic crisis due to a sharp rise in energy prices, due to problems in supply chains, due to inflation.” Stopping it should be a top priority, Lindner said.
“Not only because of the economy, but also because many are worried about having a livelihood,” he said.
This Wednesday, leaders of the government’s coalition parties discussed possible measures against price increases, especially on gas and energy.
As you know, Russia supplies less gas to Germany in a few days. Experts believe that supplies could be completely cut off in the winter.
Germany will introduce additional measures to save gas
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.