Category: Economy
Kretschmer, other Prime Ministers propose new revenue mechanism
(de-news.net) – To enhance economic growth, the Federal Government has proposed a comprehensive business relief initiative, a policy reform deemed necessary by the Federal States. However, state premiers have expressed concerns regarding the potential financial burden this program may impose on regional and municipal administrations….
MIT for a reduction of Germany’s state quota
(de-news.net) – In a resolution adopted by the Federal Executive Board of the Mittelstands- und Wirtschaftsunion (MIT), the economic wing of the Christian Democratic Union (CDU) has advocated for a reduction in Germany’s state quota from approximately 50 percent to below 45 percent. MIT Chair…
Industry stakeholders welcome corporate tax relief
(de-news.net) – The government’s proposed corporate tax relief measures have been positively received by key industry stakeholders. The German Chemical Industry Association described the initiative as a “substantive economic policy signal,” reflecting strong approval. The German Association of the Automotive Industry particularly welcomed the tax…
Alabali-Radovan (SPD) speaks out for a strong German development policy
(de-news.net) – At the Hamburg Sustainability Conference (HSC) 2025, Federal Development Minister Alabali-Radovan (SPD) underscored the critical risks associated with the erosion of international cooperation. In her opening remarks, she observed that the efficacy and value of multilateral initiatives were increasingly subject to scrutiny, with…
Maternity leave for women having experienced a miscarriage now in effect
(de-news.net) – As of today, pregnant individuals who experience a miscarriage from the 13th week of gestation onward are legally entitled to maternity leave, following the enactment of a legislative amendment. This marks the first instance in which affected individuals are afforded a statutorily guaranteed…
Weekly maximum working hours: a way towards more productivity or a risk?
(de-news.net) – Regarding the German government’s proposal to set weekly instead of daily maximum working hours, a study of the trade union-affiliated Hans Böckler Foundation has warned of that the change could increase sick days and intensify stress in balancing work and family life. Earlier,…
Economic relief measures will proceed in rapid succession, Merz
(de-news.net) – The Federal Government intends to swiftly implement relief measures for businesses and initiate additional, key reform projects—some of which are scheduled to commence as early as this summer. Progress will now proceed in rapid succession, clarified Federal Chancellor and Chair of the CDU,…
Opportunity Card yields encouraging first results
(de-news.net) – In the first year after the Opportunity Card for skilled labor immigration was introduced, over 12,000 applications were processed and more than 10,000 visas issued, according to an analysis by the German Center for Integration and Migration Research (DeZIM) using Federal Foreign Office…
Government to significantly raise public investment
(de-news.net) – The Federal Government has announced its intention to substantially augment public investment in the current fiscal year. According to Finance Minister Klingbeil, the projected investment volume is set to reach 110 billion euros, representing a significant increase from the 75 billion euros allocated…
Linnemann: productivity is the fundamental pillar
(de-news.net) – Carsten Linnemann, the General Secretary of the Christian Democratic Union (CDU), has emphasized the imperative of reinforcing individual responsibility to safeguard Germany’s economic prosperity and uphold the stability of its social welfare systems. He contends that productivity serves as the fundamental pillar for…
Federal Government: public holidays are determined at state level
(de-news.net) – In response to a recent proposal by two prominent economic experts advocating for the elimination of a public holiday as a means to stimulate economic growth, the federal government has clarified that this issue falls within the legislative purview of the individual federal…
First reading of the Federal Budget as well as economic relief from June and July
(de-news.net) – According to Federal Minister for Economic Affairs Katherina Reiche (CDU), the Federal Cabinet is set to introduce an initial relief package for businesses by mid-July. The package will encompass early labor market reforms and a reduction in electricity taxes. Reiche made these remarks…