Today: Monday, 28 November 2022 year

The German government is preparing to allocate up to 200 billion euros to combat rising gas prices.

The German government is preparing to allocate up to 200 billion euros to combat rising gas prices.

The German authorities are preparing to spend an amount of 150 to 200 billion euros to combat rising gas prices.

Agreements have been reached in the near future, details are being prepared to be announced on September 29. Funds should be allocated from the Economic Stabilization Fund, which was created during the pandemic and where additional money will have to go.

Earlier in September, German Economy Minister Robert Habeck said that against the backdrop of high energy prices, the country should increase state support for various companies that have lost the opportunity to invest due to higher fuel prices.

It was claimed that at that time the German government did not have a unified position regarding the allocation of additional funds to combat the crisis.