German leaders announce new energy, inflation relief plan – The Seattle Times

by | Sep 4, 2022 | Energy

BERLIN (AP) — Germany will invest an additional 65 billion euros (dollars) in a new round of measures aimed at easing the sting of inflation and high energy prices for consumers, the country’s governing coalition announced Sunday.“Germany stands together in a difficult time. As a country, we will get through this difficult time,” Chancellor Olaf Scholz said at a Sunday news conference with leaders from the Greens and the pro-business FDP, the two coalition partners of his center-left Social Democrats.Among the measures announced Sunday are additional one-time payments to help consumers cover energy costs, a planned price cap on a basic amount of energy consumption for families and individuals, and a successor to the country’s popular “9-euro ticket” for nationwide public transit.Scholz said he’s “very aware” many Germans are struggling to cope with the rising prices and that the government is prepared to help. “We take these concerns very, very seriously,” he said.In addition to the previously announced one-off 300-euro payments for workers to help offset energy costs, the government plans to offer one-time payments for other groups. Retirees will receive 300 euros, for example, while students will receive 200 euros.To keep energy costs lower for individuals and families, the government announced a “price brake” o …

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