Home / Market Update / Forex Market / German parliament approves 200 billion euros in funding to tackle energy crisis

German parliament approves 200 billion euros in funding to tackle energy crisis

The German parliament on Friday approved the government’s 200 billion euro ($195 billion) rescue package to protect businesses and households from rising energy prices.

Parliament also voted earlier to suspend the so-called “debt brake” in the country.

Check Also

Major FX Firms as Dollar Slips Ahead of GDP, PCE; Yen Jumps on Japan Intervention Warning

Major currencies edged higher against the U.S. dollar on Tuesday as the greenback softened in …