Published: May 8th, 2023,
Last updated: May 8th, 2023
To enable financially weak EU states to subsidize electricity prices for their energy-intensive industries, German Economics Minister Robert Habeck (Greens) has brought European loan guarantees into play. According to a working paper from Habeck’s ministry presented on Friday, a temporary special „European bridge electricity price“ program could provide favorable loans to the affected member states, similar to the SURE program.