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Reuters

Business

Germany to let commuters ride buses and trains for 49 euros a month

Germany Euro Volker Wissing Transport Inflation

FILE PHOTO: Rail passengers wait outside a regional train to Rostock that stopped due to overcrowding after a special nine-euro ticket that includes the usage of local buses and trains nationwide for a month, was released by Deutsche Bahn and other transport operators in Kratzeburg, Germany, June 4, 2022. REUTERS/Lisi Niesner/File Photo

Germany will introduce a nation-wide transport ticket for 49 euros ($48) a month from January, Transport Minister Volker Wissing said on Wednesday, with the aim of cutting CO2 emissions and helping citizens cope with soaring inflation.

The so-called "Deutschlandticket" will cost around 3 billion euros, financed by both the federal and states' governments, with Berlin promising an additional one billion euros per year to help states cope with rising energy prices and staff costs.

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