Eurozone Gov’ts to spend €300 billion to ease cost of living

The amount of money eurozone governments are committing to help consumers and businesses cope with the energy and cost-of-living crisis is quickly approaching €300 billion.

According data compiled by Reuters and think tank Bruegel, the bloc’s governments have already committed €282 billion – 2.3 per cent of their combined gross domestic product (GDP) – to relief measures and several have plans for billions more in the pipeline.

Source: Jordan News Agency

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