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Austrian government presents package to cushion inflation


BERLIN (AP) — The Austrian government has presented a package of measures aimed at cushioning the impact of high inflation that includes 500-euro ($523) payments for all residents and a three-month delay to a new levy on carbon dioxide emissions. The government put the price of immediate measures at about 5 billion euros and said the package will cost a total of 28 billion euros through 2026. It says it aims to bring relief first to people on low incomes; the unemployed and people on low pensions are slated to get a payment of 300 euros each. That’s in addition to 500 euros each for everyone.

Article Topic Follows: AP National Business

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Associated Press


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