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The Independent UK
The Independent UK
National
Via AP news wire

Germany to spend billions to tackle high energy prices

Copyright 2022 The Associated Press. All rights reserved

Germany plans to spend up to 200 billion euros ($195 billion) helping consumers and businesses cope with surging energy prices.

Chancellor Olaf Scholz said Thursday that the government is reactivating an economic stabilizing fund previously used during the global financial crisis and the coronavirus pandemic.

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