German coalition parties agree on a third aid package

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 The parties of the tripartite government coalition in Germany agreed after hours of negotiations on a new aid package, the third, so that citizens can face the sharp increase in energy prices and of the cost of living.

The German Chancellor, Olaf Scholz, will present today at a press conference the content of this new package of measures together with the leaders of the coalition parties: Saskia Esken, for the Social Democrats, Omid Nouripour for the Greens, and the Minister of Finance, Christian Lindner, for the Liberals.

The first two packages, with a total volume of some 30,000 million euros, included, among other relief for citizens, a public transport subsidy with tickets of 9 euros per month to travel throughout Germany and a discount on fuel, limited to three months and which expired at the end of August.

Among the measures applied, there are already the abolition of the surcharge in the price of electricity to finance renewable energy and a single bonus of one hundred euros per child and energy of up to 300 euros.

For this third package, the party leaders discussed specific aid for people with low incomes, especially for pensioners and students, tax cuts and a possible successor to the 9 euro ticket for local transport.

The negotiations that began yesterday around noon and in which, in addition to Scholz and Lindner, the Vice-Chancellor and Minister of the Economy, the green Robert Habeck, other ministers, and the leaders of the three parliamentary groups and of the parties, participated, had been preceded by weeks of debates.

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“It’s done. Very good result. More details starting at 11:00 at the press conference,” the Minister of Justice, the liberal Marco Buschmann , announced today on Twitter (NYSE: TWTR ).

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