Who will crater first? Will Germany cut off its nose to spite its face?
Germany is grappling with its worst energy shortage in decades as it might not meet the threshold of adequate natural gas reserves before winter.
Germany’s national Sunday newspaper Bild am Sonntag interviewed Klaus Muller, head of the Federal Network Agency, the government regulator of electricity, gas, telecommunications, post, and railway markets, who warned NatGas inventories are “nearly 65% full” and “it’s better than in the previous weeks,” though not enough to “go through the winter without Russian gas.”
Top Energy Regulator Warns Germany Won’t Survive Winter Without Russian NatGas | ZeroHedge