German Official Warns Of Gas Shortages, Bankruptcies, Massive Price Hikes That Will Send "Shockwaves Throughout The Country"

"A gas shortage and high prices will send “shockwaves through the country,” leading to
landlords cutting the heat for tenants and widespread company bankruptcies, warned Klaus Müller, the head of Germany’s Federal Network Agency, which is the regulatory office for electricity, gas, telecommunications, postal services, and railway markets. Müller says he expects gas prices to continue to climb, resulting in increased inflation that goes far beyond energy. He also warns that there will be a dramatic lack of gas in the winter, which could lead to landlords turning down the heat to save on energy. In turn, Germans may have to grapple with colder apartments." ZeroHedge