Chancellor Scholz: Germany to steer way through the difficult energy crisis

Speaking at the summer news conference on Thursday, Chancellor Olaf Scholz said that “Germany will steer a way through the difficult energy crisis.”

Additional quotes

“German gas reserves to be fuller than last year.”

“The government to put forward the third package to tackle the crisis.”

“Tax relief is certainly part of an overall package to help citizens.”

“Securing prosperity is a central reform project of this government. “

“I do not think we will see unrest in this country.”

Market reaction

EUR/USD was last seen trading at 1.0331, higher by 0.33% on the day.