Germany presents aid plan to deal with inflation | News

The Government of Germany approved the third aid package, the largest amount to date, for citizens, organizations and companies to face the inflationary crisis and the increase in energy prices. in sequence:

Russia’s Gazprom keeps gas pipeline to Germany closed

The parties of the tripartite coalition agreed after 22 hours of negotiations on a new aid package of 65,000 million euros.

“Germany stands united in a difficult time. As a country, we will get through this difficult time,” Chancellor Olaf Scholz said Sunday at a news conference with leaders of the Greens and the liberal FDP party, the two coalition partners of his Social Democrats.

#Germany to spend total €65bn on 3rd energy relief package to ease pressure on households as Russian gas supplies dwindle & energy bills soar. Coalition govt wants to reduce electricity prices for basic consumption. Germany seeks EU rules to cap profit taking at energy firms.

— Holger Zschaepitz (@Schuldensuehner)
September 4, 2022

Among the measures announced will be additional one-off payments to help consumers with energy costs, a price cap on a basic amount of energy consumption for families and individuals, and a new version of the popular “9 euro ticket” for national service. of public transport.

Scholz said he was “well aware” that many Germans are having trouble coping with rising prices, and said the government is ready to help. “We take these concerns very, very seriously.”

On December 1, pensioners will receive a single aid for the price of energy of 300 euros, which will be 200 euros in the case of university students.

There will also be a reduced price for a certain basic electricity consumption. For additional consumption above that value, the price will not be limited.

The Government also plans to introduce a new reduced subscription for regional transport throughout the country, with a price that will be between 49 and 69 euros per month. The financing of this subsidy still has to be approved by the regional governments.

Disclaimer: Via Telesur – Translated by RJ983

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