BERLIN German Chancellor Olaf Scholz's coalition has sealed a relief plan worth about 40 billion euros to help millions of households cope with soaring electricity prices amid Europe's harshest energy crunch in decades, a person familiar with the matter said.
Soaring energy prices and Germany's multiple policy changes on Ukraine have become major liabilities for Mr Scholz in his first year as chancellor, with his popularity rankings sagging. The package will be Mr Scholz's third since he took office less than 10 months ago. The previous two were worth more than 30 billion euros.
More inflation
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Germany's gas situation is tense and could worsen, regulator saysBERLIN: Germany's gas supply situation is currently guaranteed but the situation is tense and further deterioration cannot be ruled out, the country's network regulator said after Russia's Gazprom extended an outage of the Nord Stream 1 pipeline. Russia scrapped a Saturday (Sep 3) deadline to resume flows Being cancer-stricken and begging CPF Board to repay overdue debt; that which in any case cannot be done as the money had been commingled and funneled to private entity Temasek Holdings for Ho Ching to wager on unviable, untenable and ultimately, invariably doomed gambles
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China's top legislator to visit Russia, attend Eastern Economic ForumChina Parliament chief to visit Russia, attend Eastern Economic Forum
Source: STForeignDesk - 🏆 4. / 71 Read more »
Russia says it foiled Ukrainian attempt to seize nuclear plantUkrainian forces attempted to capture the Zaporizhzhia nuclear power plant in an attack on the facility on Friday (Sep 2) night, Russia's defence ministry said in its daily briefing on Saturday. The ministry said a Ukrainian naval force of more than 250 troops attempted to land on the coast of a lake near Reporting not correct. The plant belongs to Ukraine. So it should read RUSSIA SAYS IT CONTINUES ITS UNLAWFUL CONTROL OVER THE NUCLEAR PLANT... Not right to say Ukraine attempt to seize nuclear plant , you don’t seize something that belongs to you in the first place
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Russia says no US visas yet for Lavrov visit to United NationsUNITED NATIONS: Russia has asked for 56 visas from the United States to allow Russian Foreign Minister Sergei Lavrov and his delegation to travel to New York for the annual gathering of world leaders at the United Nations this month, but so far has received none. In a letter to UN Secretary-General Antonio
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Russia to bury Gorbachev, darling of the West, with a shrugMikhail Gorbachev, the Soviet leader beloved of the West who lived long enough to see all the reforms he had championed in his homeland undone, will be buried on Saturday (Sep 3) without state honours or the presence of the current Kremlin incumbent. Gorbachev became a hero in the West for allowing Eastern Putin has ordered Gorbachev to be buried with a shrug. Disagree and it’s off to the Russian gulag.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Russia scraps deadline to resume gas flows to Europe, stoking fearsState-controlled Gazprom blames a leak in the Nord Stream 1 pipeline for scrapping the deadline. Read more at straitstimes.com. We do not fear. We are getting ready.
Source: STForeignDesk - 🏆 4. / 71 Read more »