Germany faces gas 'crisis' as Russian supply dwindles, coal back in play

Posted 48 days ago

From WWW.FOXBUSINESS.COM

The German government has acknowledged the nation is in the middle of a fuel crisis as Russian gas imports have slowed.

Germany has entered the second stage of its three-stage emergency continuum as the current shortagee of fuel continues – and the government feels the slack in deliveries from Russia.

Minister of the Economy Robert Habeck warned the public Thursday that the manipulation of fuel and intentional strain on the German economy was a form of "attack" perpetrated by the Russian government.

"The reduction in gas supplies is an economic attack on us by [Russian President Vladimir Putin]. We will defend ourselves against this. But our country is going to have to go down a stony path now," Habeck said.

"The prices are already high, and we need to be prepared for further increases," Habeck continued. "This will affect industrial production and become a big burden for many producers."

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