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Germany will borrow nearly $200 billion to cap consumers' energy bills

Por: CNN Business October 07, 2022

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London CNN Business  —  The German government announced plans to borrow €200 billion ($195 billion) to cap natural gas prices for households and businesses. That’s a bigger price tag than the the UK government is expected to borrow to finance its own price cap. , Europe’s biggest economy, is trying to cope with surging gas and electricity costs caused largely by a collapse in Russian gas supplies to Europe. Moscow has blamed these... + full article



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