Category: Finance
Prien wants to indtroduce a caregivers’ allowance
(de-news.net) – Germany’s Minister for Family Affairs, Karin Prien (CDU), has expressed the intention to introduce the new social benefit of a caregivers’ allowance as a form of wage replacement for family members undertaking caregiving responsibilities. In media statements, she reportedly explained this by stating…
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…
Klingbeil (SPD) calls for the implementation of fiscal consolidation measures
(de-news.net) – Federal Finance Minister Lars Klingbeil (SPD) has emphasized the need for all federal ministries to adopt cost-saving measures in preparing the 2025 budget. He cautioned against any sense of complacency, despite the availability of a 500-billion-euro special fund for infrastructure and the exemption…
Klingbeil: social insurance facing structural reforms
(de-news.net) – Federal Finance Minister Lars Klingbeil (SPD) has announced “fundamental and bold” structural reforms for social insurance but vowed to initially stabilize struggling health and long-term care insurance by the use of federal funds. He acknowledged the urgent need for stabilization, emphasizing that long-term…
An expansion of the statutory pension system: just an idea, Klüssendorf says
(de-news.net) – The German Civil Servants’ Association has rejected Federal Labor Minister Bas’s proposal to integrate civil servants into the statutory pension system, arguing that such a measure would not resolve any issues within the pension fund. Volker Geyer, the association’s deputy chairman, advocated for…
Minimum wage, pensions: Bärbel Bas sparking controversy
(de-news.net) – Federal Minister of Labor Bärbel Bas (SPD) has sparked controversy within the governing coalition by proposing that self-employed individuals and civil servants contribute to the pension system and pressuring the Minimum Wage Commission to ensure a 15-euro hourly wage—suggesting political intervention, if necessary….
Klingbeil does not exclude tax increases
(de-news.net) – Lars Klingbeil, SPD chairman, does not rule out tax increases under the anticipated CDU/CSU-SPD government. He emphasized the importance of financial resources to strengthen Germany and Europe, advocating for openness in addressing the current financial situation. Klingbeil highlighted the coalition’s ambitious investment program…
Lauterbach (SPD): hospital reform will probably be kept up
(de-news.net) – Acting Federal Health Minister Karl Lauterbach (SPD) anticipates that the hospital reform will endure under a black-red coalition government, given that the reduction of clinics is largely a consensus. Lauterbach hence expects minimal adjustments to the reform following coalition negotiations. He emphasized the…
Police Union proposes a special fund for internal security
(de-news.net) – Jochen Kopelke, the Chair of the Police Union (GdP), has emphasized the necessity for greater support for law enforcement during the ongoing coalition negotiations. He expressed concerns regarding unresolved issues surrounding the funding of internal security and the recruitment of personnel to address…
Business associations demand relief
(de-news.net) – More than 65 business associations have called on the party leadership of CDU, CSU, and SPD to revise the economic policy agreements reached in the coalition talks and to provide significant relief to companies. In a letter, the associations warn of Germany’s further…
Solidarity surcharge: abolition, continuation, or reform?
(de-news.net) – Reiner Haseloff (CDU), Saxony-Anhalt’s Minister-President, advocates for the continuation of the solidarity surcharge, emphasizing its necessity in financing the welfare state. He argues that, rather than introducing new taxes, the surcharge should be extended pragmatically, particularly given the challenging economic climate. This follows…
Bundesrat approves constitutional amendments
(de-news.net) – The Bundesrat has ratified constitutional amendments addressing debt limitations and the establishment of a dedicated infrastructure fund. These amendments, integral to a debt package previously endorsed by the Bundestag, necessitated a two-thirds majority in the Bundesrat, which was secured with 53 votes from…
