Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Merkel Says Won’t Make Retroactive Cuts to Renewable Subsidies

German Chancellor Angela Merkel abandoned plans to cut subsidies for existing clean-energy generators to calm investors in Europe’s biggest market for the industry after pressure from the opposition.

Germany won’t make retroactive cuts as doing so once may spread concern that the support framework is changed continually, Merkel said today after talks with state leaders on energy in Berlin. Two of her Cabinet ministers had proposed the plan last month.

“This is an important signal and should calm all those who want to invest and all those operating these units,” Merkel told reporters. “We don’t want constant insecurity.”

State leaders and the renewable-energy industry had said retroactive cuts would throttle the renewable expansion as Germany replaces nuclear reactors with a greater share of wind turbines and solar panels. Environment Minister Peter Altmaier and Economy Minister Philipp Roesler had jointly proposed retroactive cuts on Feb. 14.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.