German Of The Day: Ärmer

That means poorer.

As in “we will become poorer as a result.”

Germany “will be poorer” because of Russia’s assault on Ukraine, the government’s economy minister has warned, as soaring energy prices fuel record inflation and threaten to tip Europe’s biggest economy into a recession.

“It is not possible that this ends without costs for German society, it is unthinkable,” Robert Habeck told public broadcaster ZDF on Wednesday. “I believe that we are ready to pay this price which is small enough compared to the sufferings in Ukraine.”

Great Idea!

Pass a law that mandates gas storage facilities be filled by winter.

Only, what are you going to fill these storage facilties with? If Vladimir Putin turns off the gas, I mean. Oktoberfest beer?

Germany approves law mandating full gas storage before winter – The Bundestag lower house on Friday approved legislation requiring Germany’s privately-operated gas storage facilities to be full at the start of the next winter, to try to avert shortages in the event of a halt in Russian gas imports.

German Of The Day: MEGA-Blackout

That means mega-blackout.

IF PUTIN TURNS OFF OUR GAS TAP – Government warns companies of MEGA-Blackout!

And here’s some more German of the day: Lass den Rubel rollen! That means let the rouble roll, as in spend, get that cash rolling!

Castes A Shadow Over Her Party?

But not over her? How convenient. Even that saluting soldier down there can see that something ain’t kosher with her.

Talk about Teflon. But even the Germans will scratch it all off eventually, Mutti. Get those memoires out ASAP!

Merkel’s Legacy on Russia Casts a Shadow over Her Party – Angela Merkel had been fully aware of just how brutal Vladimir Putin could be. She even admitted the Nord Stream 2 pipeline had been a “devil’s project.” But why didn’t she do anything to change Germany’s energy dependence on Russia – and why is her party so quiet about it now?

Grab a pencil and a piece of paper and I’ll explain to you: She systematically bumped off anybody in her party who dared to have an opinion other than hers. See Friedrich Merz, the guy who came back in from the cold to run the party now. They’ll get around to dismantling her eventually, once they’re in power again.

PS: Personally, I think she was a Russian mole. But maybe that’s just me.

Germany Needs More Windmills

And pronto!

But until then, just in case you were wondering:

Germany to continue buying Russian-provided oil, gas, coal – German Chancellor Olaf Scholz on Tuesday again dismissed calls to boycott Russian energy supplies in the wake of the attack on Ukraine.

Scholz said sanctions already imposed on Russia were hitting its economy “and this will only get more dramatic every day.”

At the same time, Scholz said the sanctions were designed to be “tolerable” for those imposing them, including in the long term.

“That is why Germany’s position on this question (of an energy boycott) remains unchanged,” he said.

In A Quandary?

Germany is in a quandary over its dependency on Russian energy?

Quandary: a state of perplexity or uncertainty, especially as to what to do; dilemma.

When 50% of your oil, gas and coal comes from Russia, that’s no quandary at all. That just means you’re screwed.

Germany in a quandary over Russian energy – Germany has rejected a complete ban on Russian gas and oil imports over Russia invading Ukraine, but voices are growing louder for Berlin to ditch its economic imperative to take a moral stand.

50% Is Pretty Dependent

I’d say. But maybe that’s just me.

Hey, the Germans couldn’t have done it without Angela Merkel.

Factbox: How dependent is Germany on Russian gas?

Russia has warned it may shut off its main Nord Stream gas pipeline to Germany after Berlin halted approval of a second line across the Baltic Sea in response to Russia’s invasion of Ukraine.

Bad American Fracking LNG Suddenly Not That Bad After All

In Germany. Not nearly as bad as it was a few days ago, in fact. Just like that. It’s magic or something. It’s fracking inexplicable!

Germany Goes Ahead With First LNG Terminal to Cut Dependence on Russian Gas – Germany unveiled more details Saturday on its plan to build its first liquefied natural-gas terminals as it seeks to wean itself off its dependence on Russian gas.

The terminals are the latest step in Berlin’s diversification efforts that have been urgently ramped up in recent days following Russia’s attack on Ukraine. Germany gets around 55% of its gas from Moscow and has long been resistant to diversifying away from cheap and plentiful Russian energy supplies.

Germany last week halted the $11 billion Nord Stream 2 project, which would have doubled the capacity of an existing pipeline traveling along a similar route. The government also announced plans for gas and coal storage and commissioned its gas market trading hub to buy LNG for 1.5 billion euros, or the equivalent of $1.64 billion, from outside Russia.

“Historically Low Levels”

Regulate the gas you failed to store in advance? Because of your insistance to remain dependent on Russian gas – even after the Russians refused to give you more? For months now? Yeah. Go ahead and regulate that.

Germany must regulate gas storage to secure supplies – Habeck (The Greens).

Germany’s gas storage facilities are at historically low levels and fears that a possible war between Russia and Ukraine could worsen an energy crisis in Europe has raised the pressure on Chancellor Olaf Scholz to secure supplies.

More Than Double?

For the country that already pays the highest energy prices in Europe?

Why The Latest Russia Crisis Might Be Worse For Berlin Than Moscow And Kyiv – Germany is wedded to Russian oil and gas. If things got hot, what would Russia do?

“In the hypothetical event of a full-blown conflict between Russia and Ukraine, we would expect the main impact on the eurozone economy to stem from higher gas prices. We would expect gas prices to more than double. Eurozone inflation would hit over 6% by the spring and remain elevated longer than in our base case.”