The German government on September 4 agreed on a $ 65 billion plan to reduce inflation pressure on people because of the energy crisis.

Timely and suitable assistance for people as well as businesses is essential because the burden of high energy prices is increasing rapidly, partners of the German ruling coalition said in a document announced today.

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Photo: Reuters.

The table displays fuel price at a gas station in Bonn, west of Germany, August 31.

A measure in the relief package is to pay $ 300 for millions of retired people to help them cover the energy bill that is increasing every day.

Earlier, Germany has passed two other relief packages with a total value of $ 30 billion to help people cope with inflation.

German inflation rate has increased again to 7.9% in August, after decreasing for two months thanks to the impact of government relief measures.

The expected increase in energy prices in Germany and the Eurozone (Eurozone) area to about 10% by the end of this year, the highest level in decades.

The latest government relief package came after the huge Russian Gazprom energy corporation on September 3 announced that it would not restart the Nord Stream 1 gas pipeline into Europe despite the end of three days.