THE German government on Sunday (Sep 4) agreed to a 65 billion euro plan to ease the pressure on households as Russian gas supplies dwindle and energy bills soar, said a policy paper seen by AFP.
“Timely and proportionate relief for citizens and businesses is necessary due to the rapidly increasing burden of high energy prices,” Germany’s coalition partners said in the document, adding that the total package came to “over 65 billion euros”.
The measures include a one-off payment of 300 euros to millions of pensioners to help them cover rising energy bills.
www.businesstimes.com.sg/government-economy/germany-agrees-65b-euro-inflation-relief-package
One-off payment of 300 Euros….
h/t 16 Blocks
Views: