Following rare back-to-back economic contractions in 2023 and 2024, German businesses are hopeful that a new government ...

(Bloomberg) -- Germany’s gas market ... warmer months had already driven up prices for spring and summer, making it unprofitable for traders to inject gas in the hopes of making a profit next ...

That surge in power costs hammered all major energy consumers in Germany in 2022 and for most of the following year, and resulted in a major contraction in gas use by industry. Wholesale power prices ...