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. Atlanta Fed GDPNow. The value of the indicator has decreased from 2% to 1.9%
40 minutes ago
United States. Heating Oil Stockpiles. The value of the indicator has decreased from -0.241M to -0.809M
1 hour ago
United States. Gasoline Inventories. The value of the indicator has increased from -2.593M to -0.586M
1 hour ago
United States. Gasoline Production. The value of the indicator has decreased from 0.309M to -0.152M
1 hour ago
United States. Cushing Crude Oil Inventories. The value of the indicator has decreased from 3.421M to 0.52M
1 hour ago
Top news
United States. ISM Manufacturing PMI. The value of the indicator has increased from 52.4 to 52.7
Today at 2:01 PM
United States. Retail Sales (MoM). The value of the indicator has increased from -0.1% to 0.6%
Today at 12:30 PM
European Union. Unemployment Rate. The value of the indicator has increased from 6.1% to 6.2%
Today at 9:00 AM
European Union. Manufacturing PMI. The value of the indicator has increased from 51.4 to 51.6
Today at 8:02 AM
European Union. CPI (MoM). The value of the indicator has increased from 0.6% to 1.2%
Yesterday at 9:02 AM
All news

Forecasts

Natural gas sell
Period: 30.04.2026 Expectation: 1500 pips
Selling natural gas with $2.80 target
Indicators and reports FA Other Hot news Chart analysis
Today at 11:48 AM 20
Sinclair_John
NVIDIA Corporation buy
Period: 08.04.2026 Expectation: 800 pips
Fundamental tailwinds set stage for NVIDIA stock reversal
TA Other Technical analysis FA Other Indicators Fundamental analysis
Today at 10:41 AM 16
Lyra_Moonwell1
EURUSD sell
Period: 31.05.2026 Expectation: 3000 pips
Selling EURUSD upon breaching 1.14000
Indicators and reports FA Other Hot news Chart analysis
Today at 10:10 AM 14
Reed_Marcus
EURUSD sell
Period: 03.04.2026 Expectation: 600 pips
EURUSD selloff pursues 1.1400 level
TA Other FA Other
Today at 06:23 AM 16
Bruce_Powers
Brent neutral
Period: 03.04.2026 Expectation: 250 pips
Brent crude selloff targets $108 per barrel
TA Other FA Other
Today at 06:23 AM 20
McCarthy_Raymond
USDCAD sell
Period: 08.04.2026 Expectation: 750 pips
USDCAD goes lower as US economy loses steam
TA Other Technical analysis Indicators and reports Hot news Fundamental analysis
Today at 06:07 AM 11
Emily_Foster
Go to forecasts