Germany's Scholz announces 65 billion euro inflation-busting package By Reuters

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Germany's Scholz announces 65 billion euro inflation-busting package By Reuters
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*GERMANY PLANS €65 BILLION INFLATION-BUSTING PACKAGE - 🇩🇪🇩🇪

© Reuters. FILE PHOTO: Petrol prices are displayed at a bft petrol station one day before the fuel discount in Germany expires after a temporary reduction of the energy tax to the minimum level set by the EU came to an end in Bonn, Germany, August 31, 2022. REUTERS/

The three parties in his coalition deliberated until late in the night before announcing the measures, which included a tax on energy companies, help paying electricity bills and a public transport subsidy. "Russia is no longer a reliable energy partner," Scholz told a news conference, adding that Germany's earlier preparations meant that it would get through the winter heating season.

"You'll never walk alone," he added, in English, before continuing in German:"Nobody will be left alone."

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