Some European power companies are on the brink
Others are on a high
Robert habeck, the telegenic economy minister of Germany’s newish coalition government, has become a darling of the German media. He has been called a “rock star” and mooted as the next chancellor. Now the media has turned on him over his plan to bail out some utilities with a natural-gas surcharge that could cost an average four-person household an extra €480 ($480) per year (plus value-added tax). The measure is just one part of a complex set of government interventions.
This article appeared in the Business section of the print edition under the headline “Generating controversies”
Business September 10th 2022
From the September 10th 2022 edition
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