Germany announces €65bn package to curb soaring energy costs

Monday, 5 September 2022newsdesk
Germany announces €65bn package to curb soaring energy costs
Germany has announced a €65bn (£56.2bn) package of measures to ease the threat of rising energy costs, as Europe struggles with scarce supplies after Russia's invasion of Ukraine.

New Delhi, 05 September 2022

As per news report of BBC, the package, much bigger than two previous ones, will include one-off payments to the most vulnerable and tax breaks to energy-intensive businesses. Energy prices have soared since the February invasion, and Europe is trying to wean itself off Russian energy. Ukraine has urged Europe to stand firm.

Source - BBC

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