POLICY

Germany earmarks €54 bn to cap gas and electricity prices

Subsidies to be financed by windfall tax on oil and gas

Tim Daiss

Germany earmarks €54 bn to cap gas and electricity prices

The package of measures, which will cost the government about €54 billion ($55.5 billion), will go into effect on March 1, according to government officials. The subsidies will be paid retroactively for...

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