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The German Government's Support Plan for Households and Businesses: How to Compensate for the Double Energy and Economic Shock?

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In response to Russia's illegal attack on Ukraine, EU member states have issued a series of economic sanctions against Russia. This also includes moratoria on certain products, e.g., in the energy sector.

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Olaf Scholz, Press Conference on the package of measures for East German Refinery sites, Berlin - September. 16, 2022
Olaf Scholz, Press Conference on the package of measures for East German Refinery sites, Berlin - September. 16, 2022
F Boillot/Shutterstock
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For its part, Russia has significantly reduced its energy supplies to the EU or, for some countries, stopped them entirely. The effects of this actual economic war are being felt by both sides. Germany, which was and still is to an above-average extent dependent on Russian energy supplies, especially natural gas, is under great pressure to react to the current uncertainty in energy supply and the enormous rise in energy prices. On the one hand, the government is working on rapid diversification in the energy supply and, on the other hand, on cushioning the effects of high energy prices on the population and the economy.

 

Sandra Parthie is the head of the Brussels Office of the German Economic Institute (Institut der deutschen Wirtschaft – IW). 

 

This publication is available the following languages (pdf):

FRENCH: Le plan de soutien du gouvernement allemand aux ménages et entreprises : comment compenser le double choc énergétique et économique ?

GERMAN: ,,Doppel-Wumms für eine doppelte politische Herausforderung“

 

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The Pariser Platz (Paris Square) on the east side of the Brandenburg Gate at Berlin, Germany
The Study Committee on Franco-German Relations (Cerfa)
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The Study Committee on Franco-German Relations (Cerfa) was created in 1954 by an inter-governmental agreement between the Federal Republic of Germany and France, in order to raise awareness of Germany in France and analyze Franco-German relations, including in their European and international dimensions. In its conferences and seminars, which bring together experts, political leaders, senior decision-makers and representatives of civil society from both countries, Cerfa develops the Franco-German debate and stimulates political proposals. It regularly publishes studies through two collections: Cerfa notes and studies as well as Franco-German visions.

 

Cerfa maintains close relations with the network of German foundations and think tanks. In addition to its research and debate activities, Cerfa promotes the emergence of a new Franco-German generation through original cooperation programs. This is how in 2021-2022, Cerfa led a program on multilateralism with the Konrad Adenauer Foundation in Paris. This program is aimed at young professionals from both countries interested in the issues of multilateralism in the context of their activities. It covered a wide range of themes relating to multilateralism, such as international trade, health, human rights and migration, non-proliferation and disarmament. Previously, Cerfa had participated in the Franco-German future dialogue, co-led with the DGAP from 2007 to 2020, and supported by the Robert Bosch Foundation and the Daniel Vernet group (formerly the Franco-German Reflection Group) which was founded in 2014 upon the initiative of the Genshagen Foundation.

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Olaf Scholz, Press Conference on the package of measures for East German Refinery sites, Berlin - September. 16, 2022
F Boillot/Shutterstock

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