Germany agrees 65bn-euro inflation relief package
The German government on Sunday unveiled a new multi-billion euro plan to help housesholds cope with soaring prices, and said it was eyeing windfall profits from energy companies to help fund the relief.. The latest agreement, which brings total relief to almost 100 billion euros since the start of the Ukraine war, was hammered out overnight into Sunday by Germany's three-way ruling coalition of Scholz's Social Democrats, the Greens, and the liberal FDP. Among the headline measures are one-off payments to millions of vulnerable pensioners and a plan to skim off energy firms' windfall profits.