Thursday, October 6, 2022

Five German News Stories

 1.  The EU wrapped up a new rule....basically limiting power companies to 18 cents per KwH of profit.  Anything you make profit-wise, past that point, is government money and intended to revert back to customers.  

Whether this works as designed....is an unknown.

2.  Kherson, Ukraine....currently held by roughly 25,000 Russian conscripts....will likely fall within ten days...based on various news reports.

Two bridges to escape from the area, with one bridge only for foot-traffic.  

Logistically, they can't hold out.

3.  A new property tax assessment is supposed to be completed by property owners by the last day of October.  Presently, only one-third of owners have completed the on-line form, and there's a fear building up that the form process is so complicated....that people have given up on the attempt.  

I should note, there are sixteen states, and sixteen different forms in the mix....so trying to get the information straight and filling the form is the lingering issue.

There is a suggestion within the Bundestag that two months of additional time will be allowed.  

4.  Heating oil furnaces are making a 'comeback' in Germany.  Law allows them to be newly installed until the end of 2024.

5.  Eurowings is striking....affecting around 70,000 daily passengers.   

No comments: