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.

Continue reading now

Get 30 days of free access to the Decision Brief to read these and more quality news every day.

Are you already a guest at the Europe.Table? Log in now

Related

    Member states divided on gas price cap
    Council makes progress on Ecodesign Directive
    SMEI: member states want to have a greater say
    Raw Materials Act: European Council urges rapid proposal