The supply of natural gas from Russia to Germany has decreased significantly, and there are concerns about soaring energy and other prices in Europe. German Chancellor Scholz has decided to reduce the burden on the people by investing approximately 9 trillion yen in Japanese yen. I have put together a support plan.
After Russia's military invasion of Ukraine in February this year, the supply of gas through Nord Stream, a major pipeline that transports Russian natural gas, has dropped significantly in Germany and other European countries, and energy prices have skyrocketed. .
Furthermore, as a result of the inspection of Nord Stream from the end of last month, Russia has postponed the resumption of transportation as a problem was found, and there are concerns that the supply suspension will be prolonged.
Under these circumstances, German Chancellor Scholz held a press conference in Berlin, the capital, on the 4th, stating that the public is worried about soaring prices of energy and other goods, and that 65 billion euros, or about 9 trillion yen in Japanese yen, will be invested. We have announced that we have put together a support plan.
Support measures include lump-sum payments for pensioners and students, as well as partial reductions in electricity bills.
At a press conference, Chancellor Scholz stressed that the measures had been taken ahead of winter, when demand for gas would increase, and criticized Russia as "no longer a reliable energy supplier."
He then called on the nation to unite, saying, "We can get through the winter."