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Chronicle 1973

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    • 9 November

      1973

      The Yom Kippur war triggers an oil-price crisis. OPEC decides to cut back its oil production until the territories occupied by Israel are freed. Oil prices climb dramatically; West Germany, which meets 55 percent of its energy consumption with imported oil and receives 75 percent of its oil imports from Arab countries, is particularly affected. On 9 November, the Bundestag passes an energy security law that imposes, among other things, a driving ban for four Sundays in November and December 1973.
    • 15 November

      1973

      The GDR doubles the minimum exchange per person and day to 10 DM for visits to East Berlin and to 20 DM for visits to the GDR.
    • November 1973

  • December 
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