by Charlie Conchie at City A.M.
Local authorities in Germany have begun rationing energy, dimming street lights and closing swimming pools to cope with soaring gas prices in the wake of Russia’s move to slash energy supplies.
The country has been plunged into an energy crisis after the Kremlin last month moved to sharply reduced gas supplies to Germany, leaving utilities firms fighting for survival, the Financial Times reported.
“The situation is more than dramatic,” Axel Gedaschko, head of the federation of German housing enterprises, told the FT. “Germany’s social peace is in great danger.”
Economy minister Robert Habeck last month…
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