Financial experts criticize the planned expiry of the economic stabilization fund for electricity and gas

Financial experts criticize the planned expiry of the economic stabilization fund for electricity and gas

According to a report by www.hasepost.de, the FDP has rejected calls for an extension of the economic stabilization fund, which enables electricity and gas prices to be capped. Due to a ruling by the Federal Constitutional Court, these billions in state aid for electricity and gas may not be continued beyond the end of the year.

The FDP's negative attitude towards the extension of the price caps for electricity and gas is an important step that could have potential effects on the energy market. The decision means that billions in state aid for electricity and gas will not be extended until the end of March 2024 as planned. This measure could lead to price adjustments in the energy market and consumers could ultimately have to pay higher electricity and gas prices.

The impending end of the economic stabilization fund and thus the price brakes has already provoked reactions from the SPD and the Greens, who are calling for the price brakes to be extended until spring. Uncertainty about how the termination of the fund will affect energy prices and consumers could lead to further discussions and potentially uncertainty in the energy market.