40 percent fear not being able to pay bills

A survey conducted amid growing concerns over the energy crisis revealed that 40 percent of adults in the country thought they would have trouble paying bills.

Energy crisis in Germany: 40 percent fear of not being able to pay bills

With the start of the Russia-Ukraine war, the European energy crisis came to the foreā€¦

Many European countries have begun to worry that the coming winter will be difficult.

Along with the rising energy prices, the cost of living was also on the agenda.

In Germany, a survey on the subject was commissioned by the morning program of the public broadcaster ARD.

The survey revealed that lower income and younger people in Germany worry about their energy bills.

37 percent think they can’t pay the bills

According to the news of AA; While 58 percent of those with a monthly net household income of less than 1500 euros expect difficulty in paying their energy bills in winter, this rate was 47 percent in households with a monthly net income of 1500 to 3 thousand 500 euros.

Accordingly, 39 percent of adults in the country think that they will either not be able to pay their energy bills completely or will have a very difficult time paying their energy bills next winter. According to the survey, 50 percent of respondents under the age of 35 expect winter energy costs to be a major nuisance.


83 percent worried about losing their job

According to the survey, which reveals that high increases in gas and electricity costs cause Germans to look at the future with negative economic expectations, 83 percent of the respondents are worried about losing their jobs.

According to the survey, 59 percent of Germans think there will be no power and gas cuts during the winter months, while 36 percent expect it to happen.

energy crisis

Russian energy company Gazprom reduced its daily natural gas shipment capacity to Europe via the Nord Stream pipeline to 20 percent on July 27 and stopped it completely at the beginning of September.

Germany, which is the largest economy in Europe and heavily dependent on Russia for energy imports, faced an energy crisis after Moscow’s decision to stop gas flow through the Nord Stream 1 natural gas pipeline.

Energy crisis in Germany: 40 percent fear of not being able to pay bills #2

As concerns over the Russia-Ukraine war continue to put upward pressure on energy prices, the German government is trying to develop policies to ensure that the wheels of industry turn, electricity supply is not interrupted and homes are heated this winter.

The increase in the country’s energy costs fuels inflation and increases the pressure on households and companies. Expensive energy and food drove inflation in Germany to its highest level in nearly 50 years again in August.

Annual inflation, which was 7.5 percent in July, rose to 7.9 percent in August, the highest rate since the winter of 1973-1974, when the first oil crisis occurred.