BERLIN (Reuters) – Germany’s cabinet backed a draft law on Wednesday to funnel billions of euros in financial support to regions affected by plans to phase out coal, days before two of them hold crunch state elections.
The draft law envisages state aid totaling 40 billion euros ($45 billion) spread over the next 20 years, mostly to four regions affected by the plans to phase out coal by 2038 – part of Germany’s transition to renewable energy, known as the ‘Energiewende’.
States - Brandenburg - Saxony - Elections - Sunday
Two of the states to benefit are Brandenburg and Saxony, which both hold regional elections on Sunday at which Chancellor Angela Merkel’s conservatives and her Social Democrat (SPD) partners are expected to bleed support to the far-right.
A surge in support for the far-right Alternative for Germany (AfD) in the two former communist eastern states threatens to wreck...
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