German inflation to hit 8.0% in 2022 and 7.4% in 2023Energy-relief measures are welcome but would have been better if they had been prepared earlierSe
- German inflation to hit 8.0% in 2022 and 7.4% in 2023
- Energy-relief measures are welcome but would have been better if they had been prepared earlier
- Sees economy growing 1.7% this year and contracting 0.2% in 2023
- Energy price developments pose problems for competitiveness of German industry
- State could provide targeted support in encouraging companies to diversify supply sources
- Top income tax should be raised or an energy solidarity tax imposed on high earners
- Relief should only be offered to households that cannot cope with high energy prices
I’m not sure how influential this panel is in German politics but at some point the bill will need to be paid.
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