Germany's Scholz Announces 65 Billion Euro Inflation-busting Package

Germany’s Scholz Announces 65 Billion Euro Inflation-busting Package

By Thomas Escritt BERLIN (Reuters) – Germany will spend at least 65 billion euros ($64.7 billion) on shielding customers and businesses from soaring inflation, Chancellor Olaf Scholz said on Sunday, two days after Russia announced it was suspending some gas deliveries indefinitely. The measures, agreed after 22 hours of talks between the three coalition parties,…

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Germany Will Stick To Debt Brake In 2023 Despite New Relief Package - Minister

Germany Will Stick To Debt Brake In 2023 Despite New Relief Package – Minister

BERLIN (Reuters) – Germany’s constiutional debt brake will not be affected by a 65 billion euro ($64.68 billion) relief package to help citizens and companies cope with rising inflation, Finance Minister Christian Lindner said in Sunday. Lindner said planned relief measures were possible within existing budget plans for 2022 and 2023 as inflation had recently…

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