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The Independent UK
The Independent UK
National
Via AP news wire

German expert panel proposes 2-stage gas price subsidy

(c) Copyright 2022, dpa (www.dpa.de). Alle Rechte vorbehalten

A government-appointed expert panel on Monday proposed a two-stage system for distributing up to 200 billion euros ($195 billion) in subsidies Germany has announced to ease the strain of high gas prices, a plan that the group said would still encourage people to save energy.

The panel suggested that the state take on the cost of natural gas customers' monthly bill in December, followed by a price subsidy for part of their consumption starting next spring.

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