Berlin Weighs €4 Billion Power Subsidy for Heavy Industry Amid Budget Tensions
LeadGermany is poised to unveil a powerful economic lever: a proposed €4 billion subsidy to slash electricity costs for energy-intensive sectors—spanning chemicals, glass, plastics, and more—as it confronts stagnation, high energy prices, and coalition discord. 1. What’s on the Table The proposed plan, spearheaded by Economy Minister Katherina Reiche, seeks to extend state-backed electricity price support from…