Skyrocketing energy costs and inflation: The German government announced 65 billion euros in aid to residents

The package is intended for all households - also pensioners, students and trainees

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Illustration, Photo: Shutterstock
Illustration, Photo: Shutterstock
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

The German government has announced a support package of 65 billion euros to help residents amid skyrocketing energy costs and inflation.

The measures include a new, cheaper ticket for national transport, a lump sum paid to pensioners and students of 300 and 200 euros respectively for energy costs, an increase in benefits and an increase in the monthly amount paid to parents for each child - from 18 euros for the first and second.

The government will introduce lower prices for a certain base level of energy consumption, so that consumers only have to pay higher prices when they exceed that amount.

The package is intended for all households - also pensioners, students and trainees.

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