Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
30 September 2022 | Other

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

DAX

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

Recommended

United States. CFTC Copper speculative net positions. The value of the indicator has increased from 75.1K to 90.5K
Today at 7:30 PM
United States. CFTC Aluminium speculative net positions. The value of the indicator has decreased from -0.4K to -0.8K
Today at 7:30 PM
United States. CFTC Crude Oil speculative net positions. The value of the indicator has increased from 135.9K to 141.1K
Today at 7:30 PM
Australia. CFTC AUD speculative net positions. The value of the indicator has decreased from -38.9K to -46.8K
Today at 7:30 PM
United States. CFTC S&P 500 speculative net positions. The value of the indicator has decreased from -100.5K to -133.2K
Today at 7:30 PM
Top news
Switzerland. SNB Interest Rate Decision. The value of the indicator remained at the same level of 0%
Yesterday at 7:32 AM
European Union. Manufacturing PMI. The value of the indicator remained at the same level of 52.7
23 September
Switzerland. SNB Interest Rate Decision. The value of the indicator remained at the same level of 0%
22 September
Japan. BoJ Interest Rate Decision. The value of the indicator has increased from 1% to 1.25%
18 September
United Kingdom. BoE Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
17 September
All news

Forecasts

EURUSD sell
Period: 31.10.2026 Expectation: 1700 pips
Selling EURUSD on fundamentally strong dollar
FA Other TA Other
Today at 10:00 AM 12
Bruce_Powers
Gold sell
Period: 31.10.2026 Expectation: 4000 pips
Go short on gold with $4,300 in mind
FA Other TA Other
Yesterday at 04:54 AM 25
Bruce_Powers
Brent buy
Period: 31.10.2026 Expectation: 100 pips
Buy Brent crude upon breaking $104.60
FA Other TA Other
Yesterday at 04:54 AM 24
Bruce_Powers
GBPUSD sell
Period: 02.11.2026 Expectation: 1700 pips
GBPUSD sell-off targets 1.3200
FA Other TA Other
22 September 2026 41
Bruce_Powers
AUDCAD buy
Period: 31.10.2026 Expectation: 300 pips
Buying AUDCAD with 1.0000 in sight
FA Other TA Other
21 September 2026 46
Bruce_Powers
USDJPY buy
Period: 31.10.2026 Expectation: 700 pips
Invest in USDJPY up to 157.70
FA Other TA Other
21 September 2026 39
McCarthy_Raymond
Go to forecasts