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CEO, Germán & Co

Germán José Manuel Toro Ghio, son of Germán Alfonso and Jenny Isabel Cristina, became a citizen of planet Earth in the cold dawn of Sunday, May 11, 1958, in Santiago, capital of southern Chile....

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  • Dec 20, 2022
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Why German Economy Minister Robert Habeck is so afraid about the new price cap?

However, Germany was not the only country to put up a fight. Market disruption, fuel volatility, and unintended consequences were concerns shared by The Hague, Vienna, and Copenhagen. They were worried that if gas prices were lowered artificially, it would lead to more consumption from companies and consumers and a reduction in exports from suppliers, threatening EU supply security.

German Economy Minister Robert Habeck remarked upon his arrival in Brussels on Monday, "We have to be extremely careful that the remedy is not worse than the illness."

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