The German Minister of Economy and Energy, Robert Habeck, affirmed that this Sunday that he expects energy prices to drop within a year and he spoke. Looking ahead to the “light at the end of the tunnel” summer of 2023.
Habeck, who is also vice chancellor, warned that until then the world situation can still get worse and there are no guarantees, as he said at an event of the Federal Association of German Industrialists (BDI) in Hannover (center).< /p>
“But based on what we see now, relief in energy prices is expected in the summer of next year and inflation is running high. pushed by the energy right now, you see light at the end of the tunnel,” he affirmed.
In the meantime, it is necessary to “hold out” and use the time in such a way that in the summer of 2023 the German economy is ready. ready for recovery.
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In the political sphere, this implies that laws are approved by then to speed up the granting of permits and certification processes and facilitate the immigration of skilled labor, since, according to He stressed that right now there are 500,000 vacancies despite the fact that the economy is not working at full throttle.
For the industry it will be then the time to “start” with clean energies, such as renewables and green hydrogen, said Habeck, who affirmed that that there is no time to “waste” and that if this year is not used in an “intelligent” way. there will be “enormous difficulties”.
The green minister assured In addition, Europe is currently facing the dilemma of saying goodbye to globalization, which in its current format is “stagnant” or continue with a different approach.
warned however, “one should not speak of deglobalization”, since this implies the emergence of a new nationalism that leads to ending “in Brexit and in Donald Trump”.
  ; on the contrary, by “searching for new markets” based on democratic principles and compatible with the environment, in what he called a “sustainable refoundation of globalization”.
In his vision, free trade would ideally develop multilaterally, through the World Trade Organization. Trade (WTO), since it is necessary to take seriously the “global space” and take care of “standards and norms”.
However, he recognized that to believe in this future you need “optimism” due to the rejection of the United States and China to a reform of the WTO, so if this option does not go ahead, trade will be structured according to around bilateral agreements of the European Union (EU).