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Reuters

Business

Germany's parliament approves 200 billion euro fund to tackle energy crisis

Germany Euro Christian Kraemer

FILE PHOTO: A general view of the Reichstag Building, the seat of the lower house of parliament Bundestag, during a night with reduced lighting to make a contribution to saving energy due to Russia's invasion of Ukraine in Berlin, Germany July 31, 2022. REUTERS/Annegret Hilse

Germany's parliament on Friday approved the government's 200 billion euro ($195 billion) rescue package that aims to protect companies and households from the impact of soaring energy prices.

It earlier also voted to suspend Germany's constitutional debt brake.

(Reporting by Christian Kraemer and Holger Hansen; writing by Matthias Williams; Editing by Maria Sheahan)

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