German expert panel proposes two-stage gas price subsidy

German expert panel proposes two-stage gas price subsidy
An expert panel appointed by the German government has proposed a two-stage system for distributing some of the up to 200bn euros in subsidies the country has announced to ease the strain of high energy prices (Kay Nietfeld/dpa/AP)

An expert panel appointed by the German government has proposed a two-stage system for distributing some of the up to 200 billion euros (£175.5 billion) in subsidies the country has announced to ease the strain of high energy prices.

The group said the plan will still encourage people to save gas.

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