Germany’s new economy minister

 ... has warned that the survival of the country’s heavy industry is vital to Europe’s sovereignty, 

as she pleaded for Brussels to approve a plan to support German energy-intensive companies.



Katherina Reiche said she was hopeful the European Commission understood the need for Berlin to subsidise electricity costs for sectors such as chemicals and steel to help end Germany’s longest postwar period of stagnation.
Financial Times 29 May 2025

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