"worrying": Lindner swears Germans into a long phase of deprivation

Christian Lindner fears a serious economic crisis.Image: AA / Abdulhamid Hosbas

06/22/2022, 09:1106/22/2022, 09:17

Finance Minister Christian Lindner (FDP) promises the citizens of Germany a long phase of deprivation in view of rising prices as a result of the Ukraine war. “My concern is that in a few weeks and months we could have a very worrying situation”said Lindner on Tuesday evening in the ZDF “heute journal”.

Lindner is concerned about the serious economic crisis

“It’s about three to four, maybe five years of scarcity. And we have to find an answer for that.” He added: “There is a risk of a very serious economic crisis because of the sharp rise in energy prices, because of supply chain problems, because of inflation.”

It is therefore necessary to talk about all the options, including extended service lives for the three nuclear power plants that are still operational in Germany.

Many people are “worried about being able to pay for life”

Russia has been pumping significantly less gas to Germany for a few days - the supply situation is therefore tense.

Russia has been pumping significantly less gas to Germany for a few days – the supply situation is therefore tense.Image: Ulrich Baumgarten / Ulrich Baumgarten

This Wednesday, the heads of the traffic light coalition are discussing possible steps against the price increases, especially for gas and energy, as a result of the Russian war of aggression in Ukraine. For a few days now, Russia has been pumping significantly less gas to Germany – according to the Federal Network Agency, the supply situation is therefore tense. Among other things, this had rekindled the debate about extending the lifetime of nuclear power plants in Germany.

In addition, Lindner warned of a “serious economic crisis” due to high energy prices. The primary goal must now be to stop inflation. “Not just because of the economy, but because many people also worry about being able to pay for life.”

One of the core topics of the discussion: the continuation of nuclear energy

The traffic light coalition argues about how energy security can be guaranteed. SPD and the Greens are against fracking and extending the life of nuclear energy. the FDP however, does not want to rule that out. “We can also use our own energy supply options. For example, the domestic gas and oil deposits, they are now much more economical than they were a few months ago due to the rise in world market prices,” said Lindner and added: “There must be no taboos now, when it comes to controlling pricing for people.”

The nuclear power plant in the district of Landshut is the last one in Bavaria that has not yet gone off the grid for good.

The nuclear power plant in the district of Landshut is the last one in Bavaria that has not yet gone off the grid for good.Image: dpa / Armin Weigel

Lindner emphasized that it was correct that there was no agreement in the coalition, but that there was no dispute. “In any case, I’m not satisfied that we are extending the climate-damaging coal, but not even considering the possibilities of nuclear energy.” He would like to know all the arguments and alternatives. The fact that nuclear energy is not even being considered bothers him in view of “these enormously increased prices”.

“Putin has no control over us”

Christian Lindner

With regard to Russian gas supplies and the head of the Kremlin, the FDP chairman emphasized: “No, Putin does not have us in his hands, we are the designers of our destiny.” Germany can diversify its energy supply, close other supply chains and act freely.

(ast/dpa-afxp)

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