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The Independent UK
The Independent UK
National
Via AP news wire

German extends energy subsidy plan for consumers, companies

Copyright 2022 The Associated Press. All rights reserved

Consumers and businesses in Germany will receive subsidies to soften the blow of higher natural gas and electricity prices starting in January, two months earlier than originally planned, officials said Tuesday.

The move is part of a larger pot of almost 300 billion euros (dollars) in subsidies that the German government is cooking up to address the energy crisis resulting from Russia's war in Ukraine.

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