Germany agrees gas aid package for businesses and consumers

BERLIN — Germany unveiled its third energy crisis relief plan this year to protect consumers from soaring prices over the winter, a day after Russia indefinitely suspended gas deliveries to the most great economy of Europe.

The new measures – worth 65 billion euros, or $64.7 billion – had been announced before Russian gas giant Gazprom PJSC cut deliveries through its Nord Stream pipeline. The package represents Berlin’s latest attempt to shield Germany from the fallout from Russia’s economic war on the West and rising inflation in general.


Back to top button