Germany’s Scholz: We are also looking at introducing cap on gas prices

Dhwani Mehta FXStreet

Germany’s Chancellor Olaf Scholz said on Tuesday that, “we are also looking at introducing a cap on gas prices” after the power-price cap.

Additional quotes

The power-price cap is to be implemented with great speed.

We have ensured that our gas storage is fuller than the same time last year, and that it will continued to be filled before the winter.

Hydrogen is the gas of the future; we will create a huge boom.

Markets move fast. We move first.

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