September 26, 2022

MoviesOnline

Complete Canadian News World

Germany will help the citizens.  They will give them billions

Germany will help the citizens. They will give them billions

“Rapid and proportionate assistance to citizens and businesses is essential due to the rapid rise in energy prices,” wrote the document, drawn up after weeks of discussions between coalition partners.

The package provides, inter alia, 1.5 billion euros for public transport cuts and 1.7 billion euros for tax cuts for 9 thousand. Firms are from energy-intensive industries.

According to Bloomberg, the government aid will cover the increase in energy prices that will occur between 2022 and 2023.

tax on excess profits

The government also intends to allocate funds from the tax on excess profits to reduce the prices of gas, fuel and coal for consumers.

See also  The largest number of injuries and deaths since the outbreak of the epidemic