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Berlin launches “support package” against price hikes
The German coalition government has agreed on a €14-16 billion package to support households and businesses in the face of high energy prices. The three governing parties reached an agreement on the package after all-night negotiations, the party leadership announced on Thursday. Notably, the packages include a one-off payment of €300 per person that will be disbursed to everybody with a regular income via their monthly pay. Additional payments will be granted to families with children and people dependent on social benefits. Moreover, for 90 days, public transport costs will be capped at €9 per month and fuel ... (full story)