European leaders announce new relief plans as energy crisis deepens [Video]

Germany has announced it will invest an additional €65 billion in a new round of measures aimed at easing the sting of inflation and high energy prices for consumers.

“Germany stands together in a difficult time. As a country, we will get through this difficult time,” Chancellor Olaf Scholz said at a Sunday news conference with leaders from the Greens and the pro-business FDP, the two coalition partners of his center-left Social Democrats.

Among the measures announced are additional one-time payments to help consumers cover energy costs, a planned price cap on a basic amount of energy consumption for families and individuals, and a successor to the country’s popular “9-euro ticket” for nationwide public transit.

Sweden’s Prime Minister Magdalena Andersson has been on the campaign trail a week before the national election to tackle fears over gang violence and rising electricity bills.

Sweden, along with Finland, has taken historic steps …