The German Chancellor, Olaf Scholzdeclared on Tuesday that Germany “will get through winter if citizens, companies and policy makers continue to adapt to the country’s new energy situation.es.”
Featured Statements
We cannot expect energy supplies from Russia in the foreseeable future.
We expressly support the plans of the EU Commission to create new associations in important growth regions, with Chile and Mexico, in perspective with Mercosur, and with India and Australia, among others.
Putin wants to divide Europe and German society, but we will not allow it.
The government is urgently studying the proposals to curb gas prices and clarifying how to adopt and apply them.
We need an international agreement on energy prices, this will be discussed in the G7.
We will discuss the law to reduce inflation with the US, there should be no customs war.
The process of ratifying EU free trade agreements needs to be reconsidered.
Market reaction
Amid risk aversion and firm Treasury yields, EUR/USD keeps its range above 0.9700 intact, up 0.16% on the day.
Source: Fx Street

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