German govt to provide up to 200 bln euros to shield against high energy prices - document

German Chancellor Olaf Scholz stands to welcome Moldovan President Maia Sandu in the courtyard of the chancellery in Berlin, Germany, September 23, 2022. REUTERS/Christian Mang/File Photo

BERLIN, Sept 29 (Reuters) - The German government will provide funding of up to 200 billion euros ($194.46 billion) for an "economic defence shield" against the impact of soaring energy costs on companies and consumers, a government document published on Thursday showed.

As part of the plan, it will implement an emergency price brake on gas and electricity, the document said.

($1 = 1.0285 euros)

Reporting Andreas Rinke Writing by Maria Sheahan Editing by Paul Carrel

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