Germans must swallow “bitter medicine” after years of cheap Russian energy, economy minister Habeck says
German Economy and Climate Action Minister Robert Habeck threw out the country’s entire business model on Monday, saying it relied on cheap energy imports from Russia that will never return. Habeck’s comments came during his announcement of a special tax on natural gas, intended to redistribute the impact of energy shortages between companies and the general population.
“Germany developed a business model that was largely based on dependence on cheap Russian gas,” Habeck told reporters in Berlin, noting that this also meant dependence on an “enemy” of international law, “liberal democracy and its values.”
“This model has failed and it is not coming back,” he said.
Because Russia has “arbitrarily” interrupted gas deliveries to the EU, Habeck claimed, Germany needs to “rescue companies that have got into difficulties and…
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