Financial Insights That Matter
Germany is leading Europe in its financial response to Russia’s invasion of Ukraine, raising the prospect of billions in aid for those hurt by surging gasoline prices and pushing ahead with the purchase of almost three dozen F-35 warplanes.
Finance Minister Christian Lindner on Monday threw his weight behind a proposal to ease the burden from the jump in costs at the fuel pump with a temporary rebate that could cost the government as much as 2 billion euros ($2.2 billion) a month.
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