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The steep rise in energy prices presents a triple risk to the German economy, in the form of a loss of purchasing power, the threat of a credit crunch and less investment, Economy Minister Robert Habeck said on Wednesday. “The momentum now generated by speculation on fossil energies alone already threatens a slide into recession,” Habeck said at an event organized by the Bavarian Business Association (vbw). Meanwhile vbw President Wolfram Hatz called on Habeck to allow Germany’s last three nuclear power plants to operate for longer. Habeck, who is also energy minister, rejected the suggestion….