Know why Germany is suffering from the Russia-Ukraine war, the general public and the hesitant industry sector are facing the consequences


Posted on 16th Aug 2022 11:29 am by rohit kumar

Europe is the worst hit by the six-month-long war between Russia and Ukraine. Even this, Europe's largest country and the largest economy, Germany, is in bad shape because of this. This war has not only stopped the wheel of development here but has also worked to increase the difficulties of the common people. There is already a huge shortage of gas due to the war, and now the government's new decision is also on these people. The government has decided to levy an additional surcharge for the consumption of gas in households. Under this, 2.419 cents more will have to be paid per kilowatt of gas consumed.

 

people will have to lose more pockets

 

With this new decision, any household will have to pay at least 40 thousand rupees or 500 euros more per month for gas consumption. The government says that a family of four in Germany consumes 20,000 kWh of gas every year. In this way, at present, a family spends 3568 euros or about 4 lakh rupees annually on gas. Now after the new decision, there will be an increase of 13 percent in this expenditure. This simply means that the people here will have to lose more pockets for gas.

 

Germany's gas importer is in trouble

 

The government has also said that the German government has taken this decision to give relief to other companies including the gas importer company Uniper. The new decision will come into effect from 1st August and will remain the same till April 2024. Let us tell you that after the Russo-Ukraine war, the gas crisis continues in the whole of Europe including Germany. Russia is constantly giving shocks to Europe about this. The European Commission is also not sure whether this winter's winter will be over or not.

 

European commission appeal

 

Because of the shortage of gas, the European Commission has also appealed several times to reduce its consumption. Only last month, the commission had said that buildings should not be kept hotter than the fixed temperature. The commission said that the remaining gas could be used in winter because Russia could stop the supply of gas at any time. German Chancellor Olaf Schultz is also not sure about the gas coming from Russia.

 

Germany's industry is hesitant

 

Germany's industry is also hesitant due to the gas shortage. Here, steel group WV Stahl has said that the company is spending an additional 7 billion euros on the company even before gas prices go up. Now 500 million euros will be added to this. The company has said that the government has exceeded the surcharge on gas. So it is getting very difficult.

 

expert opinion

 

After the new decision of the government, experts have also started saying that this will increase inflation in Germany. It is already at 8.5 percent. Commerzbank chief economist Joerg Kramer has even expressed fears that the winter could lead to a German recession. The Federation of German Industry has called on the government to implement measures to support businesses. At the same time, Germany is also waiting for a VAT exemption on surcharges from the European Union. On the other hand, the Chancellor of Germany is promising to give an additional relief package to the general public of the country in a week. German Finance Minister Robert Habeck has blamed Russian President Vladimir Putin for the situation. He says that Russia has drastically cut its supply in the name of gas (Nord Stream-1 gas pipeline) to blackmail Western countries.

 

Also Read: Weapons lying low with Russia, Syria's military vehicles are being ordered for the war in Ukraine; Revealed in an intelligence report

1 Like 0 Dislike
Previous news Next news
Other news

GST Revenue: GST revenue increased by 15 percent in December 2022, Finance Ministry gave information

GST revenue in the country has increased by 15 percent to more than Rs 1.49 lakh crore in Decembe

Shraddha Murder Case: Aftab's polygraph test lasted for 8 hours, health deteriorated again during the interrogation

The help of psychologists is also being taken in the investigation of the Shraddha Walker murder

Poco F5 5G launched in India with powerful features, 12GB RAM and a great camera will be available at a low price

Smartphone brand Poco has launched its mid-range smartphone Poco F5 5G in India. This phone has b

Gyanvapi Case: 'The decision will be taken if it becomes clear whose possession it was before 1993', High Court said this big thing in Vyas ji's basement case

The fact of who occupied the basement of Vyas ji located in the Gyanvapi complex of Varanasi befo

Preparation for strictness on Facebook-Twitter: Will be able to complain about social media platforms to the government; Grievance Committee will be formed within 3 months

Social media users will soon be able to complain to the central government about platforms like T

Rajasthan Politics: Congress has a big plan behind giving clean chit to Gehlot! Who will bow down to the 'magician' or the pilot?

The political crisis of Rajasthan is taking a new turn every day. After the rebellion of the Gehl

Delhi Politics: Arvind Kejriwal to present trust vote in Delhi Assembly today

The trust vote will be tabled in the House by Chief Minister Arvind Kejriwal on Monday in a two-d

Ganesh Chaturthi: From Rohit Sharma to these IND stars welcomed Ganpati Bappa, 'Virushka' stole the show

Ganesh Chaturthi is being celebrated with great pomp across the country. From the Bollywood indus

Modi is not afraid of BJP and RSS: PAK Foreign Minister said – Muslims are being discriminated against in India; PM was told butcher

Pakistan's Foreign Minister Bilawal Bhutto has again given a controversial statement. He said tha

Pakistan Floods: Floods caused by Pakistan's mistakes, wrong to blame global warming; claim in the report

Global warming was believed to be responsible for the devastating floods in Pakistan, but scienti

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash