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Thursday, April 2, 2026

Germany just approved a $180 billion fund designed to reduce the nation’s reliance on Russian energy supply

Germany’s cabinet on Wednesday approved plans for roughly $180 billion in funding aimed in part at reducing the country’s reliance on Russian energy, as Moscow continues to cut gas flows into Europe. About €177.5 billion ($179.7 billion) will be put into Germany’s Climate and Transformation Fund …

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