Chancellor Scholz of Germany, Europe's largest economy, has announced that it will implement measures amounting to approximately 28 trillion yen in Japanese yen to reduce the burden on households and companies due to rising energy prices.

In Germany, the supply of natural gas from Russia has been drastically reduced, and energy prices have soared, and the September consumer price index announced on the 29th was 10% lower than the same month of the previous year. % to the highest level in almost 70 years.

Amid fears of an economic slowdown due to record inflation, Prime Minister Scholz announced on the 29th that measures worth 200 billion euros (approximately 28 trillion yen) would be implemented to reduce the burden on households and businesses from rising energy prices. Announced.



Details will be considered later, but the media has reportedly set an upper limit on gas prices.



"Many people and businesses are facing difficulties that they cannot easily overcome," Scholz said, adding that the measures were meant to protect the public from Russia's attempts to raise energy prices.



On the other hand, the system to add the procurement cost of gas to replace Russian gas to consumers' gas prices, which was criticized by the public, was scheduled to be introduced next month, but it will be canceled.



Earlier this month, the German government announced measures to support households of 65 billion euros, or about 9 trillion yen in Japanese yen, and is busy dealing with inflation.

A series of support measures for households and companies in European countries

In response to the fact that soaring energy prices are a serious hindrance to economic activity, European governments are launching measures to support households and businesses one after another.



Among these, France is limiting the range of electricity and gas price increases for households and supporting companies hit by rising energy prices. I am making a discount.



In Spain, too, in addition to providing benefits to low-income households, each country has introduced measures that combine multiple measures, such as reducing the value-added tax on electricity bills from next month.



However, along with these measures, government spending has also increased sharply. Among these, in the United Kingdom, economic measures such as large-scale tax cuts launched by the Truss administration will lead to a deterioration in public finances, causing market turmoil such as the plunge of the pound. I am inviting you.



In Europe, there is growing concern about "stagflation," in which high prices and a slowdown in the economy progress at the same time.