Germans Slam Scholz’s Energy Address, Say Nation ‘on Path to Poverty’ Amid Price Hikes, Sanctions

The German Finance Ministry reported in August that energy prices had spiked by 105 percent year-on-year in 2022 thanks to shock hikes in natural gas and electricity rates. Earlier this month, the Munich-based Institute for Economic Research said it expects the country to slip “into a winter recession” due to the energy crisis.