German Chancellor Merz says we are monitoring energy markets very closely, adds labour costs are a weakening factor in competition

German Chancellor Merz says we are monitoring energy markets very closely, adds labour costs are a weakening factor in competition.

The comments from German Chancellor Merz highlight growing concerns over energy market stability amid potential geopolitical tensions. This focus on energy markets and labor costs suggests a proactive stance that could impact inflation and competitiveness in the EU, possibly influencing broader economic policies and affecting market sentiment toward European assets.