The German government makes new debts. This money should be for bridges, rails, and climate protection. Experts from the Ifo Institute checked this. They say: Almost all money flows to other areas. The government uses 95 percent of loans for budget holes. Only a small part goes to real improvements.
At the same time, people worry about energy. There is a war in the Near East in Iran. This makes gas and oil more expensive worldwide. Important sea routes for ships are closed. In Austria, the agency E-Control calms people down. The gas supply is safe for 2 to 3 months. The storage tanks are well filled.
Experts advise people to get contracts with fixed prices. This keeps costs for power and gas stable. If the war lasts long, prices might rise more. This then harms the economy too. Politics in Europe now looks for ways to solve high costs.
