Germany’s ruling coalition has agreed a relief package expected to be worth about €16bn to ease the burden of rising energy costs, with measures ranging from a three-month fuel price cut to a temporary increase in the use of coal.
Christian Lindner, finance minister, told a press conference on Thursday that the deal aimed to help individuals and companies handle skyrocketing prices triggered by Russia’s invasion of Ukraine.
“The coalition believes that we, the people and the economy, must protect ourselves in the short term and for a limited time in the face of these enormous price increases,” he said.
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