Tens and thousands protested in six German cities Saturday, 22 October demanding a more equitable allocation of funds by government to address rising energy costs and living expenses.
Protesters marched through Berlin and Duesseldorf Hannover, Stuttgart, and Dresden carrying slogans encouraging lower inflation, the end of nuclear power and more subsidies for the weak.
Greenpeace, one of the organizers, stated that there were around 24,000 participants. Police reported that around 1,800 protestors assembled in Berlin.
“We want the public know that they need financial assistance that is both balanced economically and socially. The government is not doing enough. It is only giving money out like a wateringcan. People with lower incomes require more support than people who are wealthy,” Andrea Kocsis, deputy chair of ver.di, one of the unions that organized the protests, stated.
Friday 21 October saw the German parliament approve the EUR200billion ($195bn), government rescue package. This is designed to protect businesses and households from rising energy prices.
The package also includes a one-time payment to cover small and medium-sized household’s monthly gas bills, as well as a mechanism for limiting prices that starts in March.
It will also finance a cap electricity prices that is retroactively set for households and industry. This cap will be in place from March for spot prices, and end in December for future prices. Profits from electricity companies will provide additional funding.
German inflation reached 10.9% on September, the highest level in more than a quarter century. Higher energy prices were responsible for this increase.
“I believe it would be more equitable if wealth was distributed in a more equitable manner. Millionaires want more taxes. Ulrich Franz, a Berlin protester said that he does not see any progress on this issue.
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