BERLIN – Germany’s aid package deal to assist residents and corporations deal with hovering inflation will quantity to 13 billion euros ($12.86 billion) this 12 months, of which the federal authorities will contribute 12 billion, the finance ministry mentioned on Wednesday.
Support for 2023 will quantity to round 42.5 billion euros, of which 24.6 billion euros will come from federal coffers, in line with a ministry breakdown of the package deal, which was introduced on Sunday.
A one-off fee for pensioners would eat up nearly half of the promised aid for 2022, amounting to six billion euros, whereas energy-intensive corporations would get a complete of three billion euros over this 12 months and subsequent, the doc confirmed.
($1 = 1.0112 euros)
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