Energy prices: Industry demands help from the EU

According to a survey by the Federation of German Industries (BDI), almost one in ten medium-sized industrial companies has suspended or curtailed its production in Germany due to high prices. The extreme energy price increase poses fundamental problems for industry, as BDI President Siegfried Russwurm explained on Wednesday. In an industry survey, more than 90 percent of the nearly 600 companies declared that higher energy and raw material costs were an existential or severe challenge for them.

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