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

Euro Zone Business Activity Slumps Amid Manufacturing and Services Declines

Euro zone business activity suffered an unexpected and sharp downturn in November, as the region’s …