[theold]

The cabinet on Tuesday approved the draft law, which will next be put for a vote in the German lower house, the Bundestag, on Thursday, before going to the upper house, the Bundesrat, probably on Friday — a fast-track procedure that is intended to make the new measures available as fast as possible, before parliament and upper house go into summer recess.

The new law would allow the government to bail out energy firms by acquiring company shares — a measure that would theoretically also be possible without the support of the majority stakeholder.

The law further details a clause for the government to allow energy providers to bypass consumer protection laws and pass on higher gas prices directly to consumers and companies.

https://www.politico.eu/article/germany-...ia-cutoff/