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German cabinet agrees to gas levy for consumers from October

BERLIN (Reuters) - Germany's cabinet has agreed to introduce a planned levy on gas consumers from October to help suppliers hit by soaring gas import prices caused by Russia's...
German cabinet agrees to gas levy for consumers from October © Reuters.

BERLIN (Reuters) - Germany's cabinet has agreed to introduce a planned levy on gas consumers from October to help suppliers hit by soaring gas import prices caused by Russia's invasion of Ukraine, the economy ministry said on Thursday.

The plan, announced last week, comes as Europe's biggest economy tries to reduce its dependence on Russian energy. It is facing a collapse in gas supplies and soaring prices, raising fears of energy shortages and insolvencies among gas traders.

"The temporary levy is a result of the crisis caused by Russia. It is not an easy step to take, but a necessary one to guarantee heating and energy supply in private households and the economy," said Economy Minister Robert Habeck in a statement.

The levy on consumers, to be accompanied by targeted relief, is aimed at helping importers, especially Uniper, Germany's largest recipient of Russian gas, which is receiving a state bail-out. Other companies include EnBW's gas division VNG.

The levy is expected to take effect from Oct. 1 and end on April 1, 2024, said the ministry.

Its exact size will be published in mid-August, said the ministry. Habeck said last week it would be between 1.5 euro cents and 5 euro cents per kilowatt hour (Kwh), with the proceeds available to any company having to replace Russian gas.

Government and parliamentary sources have told Reuters it still has to be clarified how the levy will be applied to customers with fixed-price contracts.

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BROKERS ĐƯỢC CẤP PHÉP
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11-08-2022 08:40:28 (UTC+7)

EUR/USD

1.0286

-0.0011 (-0.11%)

Summary

↑ Sell

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EUR/USD

1.0286

-0.0011 (-0.11%)

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GBP/USD

1.2195

-0.0031 (-0.25%)

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USD/JPY

133.15

+0.28 (+0.21%)

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↑ Buy

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Buy (9)

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AUD/USD

0.7074

-0.0003 (-0.04%)

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USD/CAD

1.2784

+0.0010 (+0.08%)

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EUR/JPY

136.94

+0.12 (+0.09%)

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EUR/CHF

0.9705

+0.0002 (+0.02%)

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Gold Futures

1,803.05

-10.65 (-0.59%)

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Silver Futures

20.525

-0.217 (-1.05%)

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Copper Futures

3.6455

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91.63

-0.30 (-0.33%)

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97.07

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8.227

0.000 (0.00%)

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Euro Stoxx 50

3,749.35

+33.98 (+0.91%)

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S&P 500

4,210.24

+87.77 (+2.13%)

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DAX

13,700.93

+165.96 (+1.23%)

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Neutral

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FTSE 100

7,507.11

+18.96 (+0.25%)

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Hang Seng

19,841.50

+230.66 (+1.18%)

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Buy

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US Small Cap 2000

1,969.25

+56.36 (+2.95%)

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IBEX 35

8,352.80

+40.90 (+0.49%)

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BASF SE NA O.N.

44.445

+0.450 (+1.02%)

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Bayer AG NA

51.90

-0.26 (-0.50%)

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Allianz SE VNA O.N.

178.50

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Adidas AG

173.36

+4.36 (+2.58%)

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Deutsche Lufthansa AG

6.611

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109.18

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8.829

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 EUR/USD1.0286↑ Sell
 GBP/USD1.2195↑ Sell
 USD/JPY133.15↑ Buy
 AUD/USD0.7074↑ Sell
 USD/CAD1.2784↑ Buy
 EUR/JPY136.94Buy
 EUR/CHF0.9705Neutral
 Gold1,803.05↑ Sell
 Silver20.525↑ Sell
 Copper3.6455↑ Buy
 Crude Oil WTI91.63↑ Buy
 Brent Oil97.07↑ Sell
 Natural Gas8.227↑ Buy
 US Coffee C220.78Sell
 Euro Stoxx 503,749.35Sell
 S&P 5004,210.24↑ Buy
 DAX13,700.93Neutral
 FTSE 1007,507.11Sell
 Hang Seng19,841.50Buy
 Small Cap 20001,969.25↑ Buy
 IBEX 358,352.80↑ Buy
 BASF44.445↑ Sell
 Bayer51.90↑ Buy
 Allianz178.50↑ Buy
 Adidas173.36Neutral
 Lufthansa6.611↑ Buy
 Siemens AG109.18↑ Buy
 Deutsche Bank AG8.829Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,600/ 6,700
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Cập nhật 11-08-2022 08:40:30
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$1,787.56-6.62-0.37%
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ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V26.28026.800
RON 95-III25.60026.110
E5 RON 92-II24.62025.110
DO 0.05S23.90024.370
DO 0,001S-V25.88026.390
Dầu hỏa 2-K24.53025.020
ↂ Giá dầu thô thế giới
WTI$91.08-0.07-0.08%
Brent$96.49-00%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.220,0023.530,00
EUR23.475,2124.789,85
GBP27.818,8429.005,24
JPY171,29181,34
KRW15,5318,92
Cập nhật lúc 08:39:19 11/08/2022
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