The German government has promised the federal states multibillion-dollar aid in connection with the reception of refugees. Earlier, the Bundestag approved 200 billion euros of loans to combat the sharp rise in prices.
Federal and state authorities in Germany have agreed to introduce a “brake price” for energy carriers and a travel ticket costing 49 euros. These issues were discussed at a meeting in Berlin on Wednesday, November 2.
At the suggestion of the expert commission, the “brake price” for gas should be introduced from March 2023. It is assumed that it will be valid until April 2024, but they will try to ensure the possibility of its cancellation on February 1, the last note of document. The “brake” for gas prices for the industrial sector is planned to be introduced from January 2023. From the same time, the restriction of electricity prices for households and businesses should come into effect.
Gas prices for individual consumers and small companies are set at 12 cents per kWh, for electricity – at 40 cents. A price constraint is also set for district heating: no more than 9.5 cents per kWh. Support measures cover 80 percent of annual consumption.
The travel card for 49 euros is planned to be introduced at the end of 2022
Federal and state authorities have agreed to introduce a ticket costing 49 euros in the near future, said German Transport Minister Volker Wissing. It is expected to be available to the country’s residents by the end of this year.
German Chancellor Olaf Scholz also promised states and municipalities multibillion-dollar aid in connection with accepting refugees. At the meeting, the Prime Minister of Lower Saxony, Stefan Weil, expressed the opinion that in the winter, against the backdrop of the war in Ukraine, the number of migrants in Germany will increase significantly. The federal government plans to allocate an additional 1.5 billion euros to help refugees this year and next. In addition, from 2023, the German authorities have promised to pay 1.25 billion euros each to support refugees arriving from outside Ukraine.
The Bundestag approved 200 billion euros in loans to combat rising prices
At the end of October, the German Bundestag approved loans of 200 billion euros from the special Economic Stability Fund (Wirtschaftsstabilisierungsfond) to prevent sharp increases in energy prices and help businesses.
According to the government’s plans, the reserved loans should be enough until 2024. This proposal should be considered by the Bundesrat, which represents the interests of the lands in the German parliament.
Source: DW
Earlier, German President Frank-Walter Steinmeier accused Putin of undermining the European security order.
Let’s remind, in Great Britain at the beginning of September for two years the prices for gas and electric power are frozen.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.