Economics

Inflation Risk Forces Denmark to Rethink Energy Aid Proposal

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Denmark’s government has been forced to overhaul a proposal to shield some of its most vulnerable citizens from the rising cost of gas and oil after it failed to get backing due to inflation concerns.

The Social Democrat government wants to give a one-time payment to almost 300,000 Danes, or about 5% of population, who already receive welfare benefits, to help them pay for higher energy bills.