Scholz Reaches Deal With German States on Sharing Energy-Aid Cost
German Chancellor Olaf Scholz
Photographer: Yorgos Karahalis/BloombergThis article is for subscribers only.
German Chancellor Olaf Scholz has reached an agreement with the 16 heads of state governments to share the financial burden for a package of planned relief measures to help millions of households cope with soaring electricity prices.
The agreement paves the way for the introduction of a planned gas and electricity price break and a package of social subsidies for households.