Category: Economy
Scholz advocates for reduction in VAT on food
(de-news.net) – Chancellor Olaf Scholz has proposed a reduction in the VAT rate on food from seven percent to five percent. He articulated on ARD television that this measure would significantly benefit low-income earners without imposing a substantial burden on the federal budget. When queried…
FDP initiates campaign on economic transformation, focus on migration
(de-news.net) – The FDP has commenced its campaign for the Bundestag election with a call for an economic transformation. During the unveiling of campaign posters in Berlin, party leader Christian Lindner asserted that everything, including the economic situation, can change. The FDP positions itself as…
Scholz calls for EU action to protect steel industry, underscores competitive energy costs
(de-news.net) – Following a meeting with senior representatives of the steel industry, Chancellor Olaf Scholz (SPD) pledged to advocate for the sector at the European Union level. Government spokesperson Steffen Hebestreit announced that Scholz is calling for an expedited European steel summit and intends to…
Scholz announces strategy to aid steel industry
(de-news.net) – Chancellor Olaf Scholz has presented a three-point strategy to bolster the steel industry. He announced an impending meeting with industry leaders, labor representatives, and unions to deliberate on specific measures, which is to take place on Monday. Scholz underscored the strategic importance of…
Tenants’ Association for continued rent control
(de-news.net) – The German Tenants’ Association (DMB) has issued a cautionary statement against the non-extension of the rent control mechanism. According to DMB President Siebenkotten, failing to extend this measure would be exceedingly imprudent, particularly given the strained housing market. Without political intervention, the rent…
Constitutional Court confirms the financing of the electricity price cap
(de-news.net) – The Federal Constitutional Court in Karlsruhe has deemed the financing of the electricity price cap lawful. The court in Karlsruhe dismissed the constitutional complaints of 22 renewable energy producers who had challenged the then-valid profit skimming regulations. The 22 companies had argued in…
Habeck for an abolition of the electricity tax
(de-news.net) – At an industrial conference in Berlin, Federal Minister for Economic Affairs Robert Habeck (Greens) underscored the critical necessity for immediate measures to alleviate electricity costs for businesses. He proposed reducing grid fees through state subsidies, advocating for the adoption of a supplementary budget…
Chancellor Scholz encourages global action in the face of climate change
(de-news.net) – At the close of the G20 summit in Brazil, German Chancellor Olaf Scholz emphasized the need for decisive global action to tackle climate change. Speaking before his departure from Rio de Janeiro, the German leader stressed that the world must remain committed to…
FDP withdraws federal ministers – traffic light coalition breaking up
(de-news.net) – It is the end of the traffic light coalition. All FDP ministers have been recalled by their party from the alliance with the SPD and the Greens after Chancellor Scholz had previously dismissed the liberal Federal Finance Minister Lindner due to a lack…
Coalition partners talk about the economic crisis and the budget
(de-news.net) – The traffic light coalition has halted negotiations of the tax package for 2025 coordinated by Federal Finance Minister Lindner (FDP). Talks were broken off last Friday but could continue on Thursday, at the earliest. The Greens do not wish higher earners to be…
Lindner (FDP) presents immediate economic program, receives criticism
(de-news.net) – Federal Finance Minister Lindner (FDP) has come under criticism for his proposals for a reorientation of economic policy. Instead of throwing papers onto the market, decisions that have been made must be implemented, said pension expert Machalet (SPD) after the FDP chairman had…
Meetings with industry and small to medium-sized businesses
(de-news.net) – Chancellor Scholz (SPD) is planning to continue meetings with industry associations and unions. The first industry summit this week is “the start of a process in which the Federal Government will discuss with the participants in the coming weeks ways of providing further…
