Germany allocates 65 billion dollars in a bid to address rising energy costs.
The move comes as Europe struggles with scare supplies after Russia’s invasion of Ukraine.
One of the features of the package will include one-off payments to the most vulnerable and tax breaks to energy-intensive businesses.
Ukraine President Volodymyr Zelensky has said Russia was trying to destroy the normal life of every European citizen.
According to website Politico, European Union officials have warned there is likely to be a crunch point in the coming months when countries start to feel acute economic pain while also still being asked to help the Ukrainian military and humanitarian effort.
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