Advertisement
UK markets close in 6 hours 32 minutes
  • FTSE 100

    8,097.46
    +57.08 (+0.71%)
     
  • FTSE 250

    19,724.60
    +5.23 (+0.03%)
     
  • AIM

    755.18
    +0.49 (+0.06%)
     
  • GBP/EUR

    1.1672
    +0.0028 (+0.24%)
     
  • GBP/USD

    1.2522
    +0.0059 (+0.48%)
     
  • Bitcoin GBP

    50,956.68
    -2,201.91 (-4.14%)
     
  • CMC Crypto 200

    1,359.52
    -23.06 (-1.67%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CRUDE OIL

    82.98
    +0.17 (+0.21%)
     
  • GOLD FUTURES

    2,338.70
    +0.30 (+0.01%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     
  • DAX

    18,003.18
    -85.52 (-0.47%)
     
  • CAC 40

    8,064.48
    -27.38 (-0.34%)
     

Germany seeks to ensure energy prices do not go through the roof - Scholz

Closed German cabinet meeting

BERLIN (Reuters) - Germany will take steps to ensure that energy prices do not go through the roof, Chancellor Olaf Scholz said on Wednesday, adding that he had discussed tightening energy networks in Europe with Spain's Prime Minister Pedro Sanchez.

He said Germany had recognised early on the threat of Russia using its fossil exports as a tool to influence other countries and had taken steps to ensure energy security.

"All the decisions that we have made ... are geared toward precisely this goal, that we as a country can survive the winter," Scholz said in a news conference following a cabinet retreat near Berlin.

(Reporting by Paul Carrel and Sarah Marsh; Writing by Riham Alkousaa; Editing by Maria Sheahan)