30 September 2022 | Other

Germany plans to borrow €200 billion to cope with gas price spike

Germany introduced plans to take on another €200 billion ($195 billion) in debt to finance a program aimed at limiting the influence of rising energy prices on the economy. 

Chancellor Olaf Scholz’s administration will repurpose the recovery fund that was established to help recover from the effects of the coronavirus pandemic. Germany will commit borrowing to the fund and use it to cap gas prices. The government is also developing a program aimed at reducing electricity costs and is considering using income from windfall taxes imposed on electricity producers that do not use gas in manufacturing. 

Company MarketCheese
Period: 15.12.2025 Expectation: 1900 pips
S&P 500 rally faces key test before Fed meeting
Today at 06:27 AM 8
Brent sell
Period: 19.12.2025 Expectation: 200 pips
Brent crude to remain within $62.5–$65 range
05 December 2025 47
Period: 12.12.2025 Expectation: 1625 pips
GBPUSD correction looms as Fed easing bets grow
05 December 2025 43
Period: 28.02.2026 Expectation: 7000 pips
USDJPY poised to extend its decline
05 December 2025 30
Period: 31.03.2026 Expectation: 140 pips
Investing in Brent crude with $75.5 in sight
05 December 2025 29
Period: 12.12.2025 Expectation: 935 pips
AUDCAD aims for new highs on strong fundamentals
05 December 2025 29
Go to forecasts