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“Social explosive”: Scholz is worried about rising energy prices

Photo: ERA

German Chancellor Olaf Scholz initiated a dialogue with experts and the German Federal Bank to discuss measures to combat inflation.

German Chancellor Olaf Scholz, in an interview on the ARD television channel, called a sharp rise in energy prices a “social explosive” amid the threat of an energy crisis. DW writes about it.

“If the heating bill suddenly rises by a few hundred euros, then it will be an amount that not many can afford. It’s a social explosive,” Scholz said.

Scholz was concerned about rising energy prices, so he initiated a dialogue with experts and the German Federal Bank to discuss measures to combat inflation.

It was reported that at the moment no decision has yet been made on further specific assistance measures, the Chancellor has only directed the previous assistance measures in the amount of 30 billion euros.

Recall that in the euro area, consumer prices are growing at a record pace, in June inflation reached 8.6% annually.

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Source: korrespondent

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