German Govt agrees on electricity price package

<p>German Govt agrees on electricity price package</p><p><a href="https://www.handelsblatt.com/politik/deutschland/energiepreise-bundesregierung-einigt-sich-auf-strompreispaket/29491622.html" target="_blank" rel="nofollow">FULL STORY</a></p><p>Chancellor Scholz, Economics Minister Habeck and Finance Minister Lindner have agreed to relieve companies of electricity costs. The electricity tax should fall significantly.</p><p>The electricity tax reduction will now cost six to seven billion euros.
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Special help is planned for 350 companies that consume a particularly large amount of electricity and face strong international competition. </p><p>

For them, the electricity price compensation will be extended by five years.</p>

This article was written by Ryan Paisey at www.forexlive.com.