Germany Agrees on Gas Relief Package for Businesses, Consumers

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BERLIN—Germany unveiled its third vitality disaster aid bundle this yr to protect shoppers from hovering costs over the winter, a day after Russia indefinitely suspended gas deliveries to Europe’s largest financial system.

The brand new measures—price 65 billion euros, equal to $64.7 billion—had been flagged earlier than Russian fuel large Gazprom PJSC minimize deliveries through its Nord Stream pure fuel pipeline. The bundle represents Berlin’s newest try and protect Germany from the fallout of Russia’s economic war on the West and rising inflation on the whole.

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