Germany Rethinks Gas Levy Following Major Outcry

A plan by the German government to add to consumers’ tax burden in order to shield gas importers from excessive prices prompted backlash from within. This, in turn, led to Economy Minister Robert Habeck suggesting that the government would instead selectively offer this financial support. The economy minister admitted it was “certainly not morally correct” to provide financial assistance to companies that not only did not suffer from higher gas prices but in fact benefited from them, Bloomberg reported today. “All I’m…