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Energy costs

Why Germany’s economic backbone is saying “auf wiedersehen”

by David Brancaccio , Erika Soderstrom and Meredith Garretson
Dec 19, 2023
Germany is facing a budget crisis amid rising energy costs, urgent calls for immigration reform and more pressing issues.
"Germany mostly lives off the fumes of its past reputation," said Stephan Richter, publisher and editor-in-chief of The Globalist. Above, the skyline of Frankfurt, Germany's financial hub.
Thomas Lohnes/Getty Images
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Energy is getting more expensive. More middle-income families are struggling to pay.

by Samantha Fields
May 16, 2022
Between a quarter and a third of U.S. households are said to be energy insecure, and many don't qualify for aid.
Energy costs should take up about 6% of household income, energy experts say. But many low- and middle-income families are spending multiple times that.
Photo illustration by George Frey/Getty Images
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