Some state ministers have called for the price brake to come into force in January, as will be the case for largerChancellor Olaf Scholz said at a meeting with the chamber of commerce in Munich on Saturday that the government had to first make sure energy suppliers would be able to bring forward the measure before making any promises.
Meanwhile, big industrial firms consuming more than 1.5 million kilowatt hours per year will see a brake on prices for 70% of their annual gas consumption from January, with the remaining 30% subject to market prices., Lindner said: "Of course we will have high debts next year. But we must send one signal to capital markets. Germany will remain stable in the long term and is handling public money well, so interest rates don't rise even further, or worse.
*break not *brake
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