Germany needs a bailout

Schroder urges Germany to open Nordstream 2

Germany and the others who get gas from Russia now have 3 options available to them.

Cancel the sanctions on energy parts and maintenance officially, license and use Nord stream 2 or keep getting 80% less gas and higher prices for everyone. It's not really a difficult choice considering there are no sanctions on Gas itself apart from having to pay in roubles.

I think it’s important that we all become more self reliant. Energy and food security are paramount, and the EU policies to reduce or remove industries and centralise them are not good. In times of shortage, sharing goes out the window. the EU was setup as an organisation for energy and economic co operation and they’ve been deluding themselves all these years that this can occur when they are all so heavily dependent on other counties outside the block for said energy and in a lot of cases economics. I think merkel kept things nice with Putin but he timed his moves perfectly and for all they give out about him, he’s got a strategy, terrible as it is.

Money

Maybe the won't who knows. Looks like only one way to find out though.

Gas is a massive revenue source for them, one of their largest.

And its not easily moved elsewhere as its heavily reliant on pipelines, most of which go to Europe

Look even the crematoriums are in a panic. At least it's customers wont be too bothered.

Things you never thought you'd hear said publicly. But a stopped clock and all that.

Suppose I should be better than this but...the next time they are looking for help with some problem: "India's problems are not really Europe's problems: Return to sender. Go ask Mad-Vlad Putin and Benevolent Chairman Xi!"

...

My working theory around a few of the countries that refused to even rhetorically condemn Russia's invasion (that is almost cost-free for them IMO, unlike issue of buying oil) is they are quite big beasts whose power is likely only going to grow this century. They might want to pull the same kind of bullshít on an annoying smaller weaker neighbour themselves once they feel strong enough and the global environment suggests they can do it and get away with it or even profit. So better to say nothing and watch what happens.

Germany's network regulator chief says they need to reduce gas consumption by 20% and also reduce gas exports to neighbouring countries by 20% to avoid problems by Christmas.