Germany Mulls Bailing Out Low-Income Citizens as Living Costs Spiral

Germany’s federal authorities are considering a bailout for low-income citizens as the country’s cost of living crisis looks “likely” to worsen.
Hubertus Heil, Germany’s Labour Minister and a member of the left-wing Social Democratic Party, has announced that it is his intention to bail out low to medium income earners in Germany in the hopes of offsetting the ongoing cost of living crisis.

Thanks to a combination of the ongoing war in Ukraine and poor policy decisions in the past, the European Union member-state is currently suffering deeply from a steep rise in food and energy prices — …