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Bloomberg
Germany’s ruling coalition agreed on additional measures worth about $16.5 billion to ease the burden on businesses and households from soaring energy costs, including a temporary reduction in fuel prices.
Chancellor Olaf Scholz’s government will cut the tax on fuel for three months by 30 euro cents ($0.33) for gasoline and 14 cents for diesel, Finance Minister Christian Lindner told reporters in Berlin. Officials from the three-party ruling alliance negotiated through the night to reach a deal after initially disagreeing on what measures to adopt.
Scholz’s Social Democrats, the Greens and Lindner’s pro-business FDP also agreed that taxpayers will receive a one-time payment of 300 euros, as well as a one-off boost to child support of 100 euros. To promote the use of public transport, the government will introduce
a monthly ticket costing
9 euros. The overall package is worth about the same as an initial set of measures agreed last month, Lindner said, without specifying the amount.