Economic Crisis Is Deepening In Germany

German Chancellor Olaf Scholz and Russian President Vladimir Putin 

Insider: Germany's second-largest city is preparing to ration hot water as the Russia energy crisis escalates 

* Hamburg's environment senator said the city could set limits on when people can use hot water. 

* Jens Kerstan told Welt am Sonntag that this could happened in the case of an "acute gas shortage." 

* Germany is scrambling to plug the gap in energy supplies after cutting its dependence on Russian gas. 

Hamburg, the largest non-capital city in the European Union, has warned that it could ration be forced to hot water as the Russian energy crisis causes chaos. 

Jens Kerstan, environment senator for Germany's second biggest city, told German newspaper Welt am Sonntag on Saturday that Hamburg could restrict availability of hot water to certain times of days "in an acute gas shortage." 

"We are in a much worse crisis than most people realize," Kerstan said in a separate interview with the Hamburger Abendblatt on Sunday. 

He urged people to take shorter showers, avoid full baths, and install modern thermostats and water-saving shower heads.  

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Economic Crisis Is Deepening In Germany 

Russian Gas Threat Has German Bankers Fearing Default Spike -- Bloomberg  

German Bankers Voice Fears Over Economic Impact of Looming Gas Crisis -- Reuters  

Germany’s union head warns cutting off Russian gas could topple major industries -- FOX News  

Germans warned to prepare for possible gas shortage amid fears Russia could cut off supplies -- SKY News  

Germany sees possible Russian ‘blockade’ of key gas pipeline -- AP