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

Read More >>

If you like the story and if you wish more such stories, support our effort Make a donation.

Trending News
Cobrapost Investigation: IT TAKES TWO TO TANGO
Cobrapost Investigation: IT TAKES TWO TO TANGO
8/3/2026

Mon Aug 03 2026 | By Cobrapost Newsdesk

PRESS RELEASE: Cobrapost Investigation: A FARMING LLP, THREE CHAURASIAS OF KAMLA PASAND GROUP, AND HOW DLF PAID A RS. 52.45 CR COMPENSATION
PRESS RELEASE: Cobrapost Investigation: A FARMING LLP, THREE CHAU...
8/3/2026

Mon Aug 03 2026 | By Cobrapost Newsdesk