This AM, the Bundestag passed the 'Debt Brake'.
What it means?
The Basic Law (the Constitution) was changed to allow a massive 200-billion 'gift' to cover cost of energy. It says in basic terms....the government should have the assets to do this....without a massive loan (I'd question this part of the gimmick).
The coalition will now cover in some fashion....for the next six months, the cost of electricity and natural gas to German consumers.
I might add this one detail.....that's only for this period....not the winter of next fall (2023). I anticipate prices will still be a problem then.
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