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Germany says its energy crisis may trigger Lehman-like contagion as the country moves a step toward to natural-gas rationing
1 day ago - By Business Insider
Germany accuses Russian President Vladimir Putin of an "economic attack" as Gazprom slows natural-gas supplies to Europe. Mikhail Metzel/Sputnik/AFP via Getty Images
Germany's economy minister warns of a "market collapse" if natural-gas prices continue to soar.
Germany has triggered the second stage of its three-stage emergency gas plan on supply fears.
That's after Russia -citing a techincal reason - slowed piped natural-gas supplies to Germany.
Germany warned the country's energy crisis may trigger a "Lehman effect" across the utility sector as it moved one step closer to rationing...
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