Time.news – The German government has released an aid plan worth over 65 billion euros to cope with expensive energy and inflation. After weeks of negotiations, the three traffic light caolition parties (SPD, Verd and Fld) agreed on the plan to ease the pressure on households: “Timely and proportionate aid is needed for citizens and businesses due to the rapidly increasing burden of high prices. energy “, reads the document illustrating the draft agreement.
This is the third aid package after the previous two of 30 billion. Among the measures envisaged an allowance paid to students and pensioners, and also an increase in the housing allowance.
Inflation rose again in Germany in August, to 7.9% in one year, driven by the surge in energy prices. One is due to come into effect in October gas tax to avoid the bankruptcy of German energy groupsbut this will lead to a further increase in households’ energy bills, by several hundred euros.
The head of the German central bank, the Bundesbank, considers it likely that inflation will reach 10% by the end of the year, for the first time since the 1950s.