Posted in Finance Politics

Heil and Baerbock against significant cuts in social security

(de-news.net) – Federal Labor Minister Heil (SPD) has spoken out against a moratorium on social benefits proposed by Federal Finance Minister Lindner (FDP). It is not advisable to pit external security against social security. Otherwise, support in Germany for external security will be lost. One…

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Posted in Economy Finance Politics

Citizens’ money: those who refuse to work will face cuts

(de-news.net) – The German Association of Cities and Municipalities has put forward a proposal to make willingness to work a condition for the amount of citizen’s benefit that benefitiaries receive, inkluding Ukrainian refugees. This is the case in Denmark, Poland and the Netherlands. Germany must…

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Posted in Economy Finance Politics

The Growth Opportunities Act has taken a step

(de-news.net) – The Growth Opportunities Act, which has already been passed by the Bundestag, has been approved by the Mediation Committee, the body in which the German Bundestag and the Bundesrat negotiate compromises. The law includes tax cuts for German companies as well as measures…

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Posted in Economy Finance Politics

18 business associations for the Growth Opportunities Act, blocked in the Federal Council

(de-news.net) – A group of 18 business associations have asked the Federal States represented in the Federal Council to end the blockade of the Growth Opportunities Act as soon as possible. The law will relieve the burden on medium-sized companies if it is passed. According…

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Posted in Economy Finance Politics

FDP: Germany needs an economic “startup package”

(de-news.net) – The FDP has proposed a departure package for the German economy. The nominal gross domestic product in Germany was at 4.46 trillion Euros in 2023. This makes the Federal Republic the third largest economy after the USA and China. However, during a visit…

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Posted in Economy Finance Politics

Union parties present proposal in support of the German economy

(de-news.net) – The Union parties in the German Bundestag have submitted a twelve-point plan to Chancellor Scholz (SPD) in support the German economy. The proposal contains, among other things, the demand to limit social contributions to 40 percent of gross wages, to give tax advantages…

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FDP for Growth Opportunities Act and abolition of the Solidarity Surcharge for companies

(de-news.net) – The FDP has spoken out in favor of providing additional relief to German companies. The FDP’s budget spokesman in the German Bundestag, Fricke, has specifically put forward a proposal to abolish the Solidarity Surcharge for companies and thus achieve relief of 12 billion…

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Posted in Economy Finance Politics

AfD debate: warning of a weakening of the economy

(de-news.net) – Federal Defense Minister Pistorius (SPD), who is leading popularity surveys, has spoken out in the discussion about the AfD at this weekend. At a demonstration against right-wing extremism in Osnabrück, he told around 25,000 citizens that the AfD wanted a system change back…

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Posted in Finance Politics

Refugee costs will be renegotiated in May

(GermanPolicy.com) – On Thursday, Chancellor Scholz and the Prime Ministers of the Federal States discussed the distribution of refugees in Germany and the costs involved. Lower Saxony is currently presiding over the Prime Ministers’ Conference. As a spokeswoman for the Lower Saxony State Government announced,…

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Posted in Economy Finance Politics

Germany ticket: Bund bears half of the costs

(GermanPolicy.com) – The German Bundestag has decided that half the cost of the ticket, also known as the ’49-Euro-Ticket’ – now officially called the ‘Germany ticket,’ can be covered by the Federal Government. The ticket permits travelers to use local and regional transport – bus…

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Posted in Finance Politics

Scholz rejects changes in budgetary policy

(GermanPolicy.com) – German Chancellor Scholz (SPD) has rejected a change in budgetary policy with reference to the coalition agreement. This comes after Federal Economics Minister Habeck (Greens) and Federal Finance Minister Lindner (FDP) had taken different positions. Budgetary policy, tax policy, and social projects are…

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Posted in Economy Finance Politics

Anniversary of the Elysée Treaty Celebrated in Paris

(GermanPolicy.com) – On the occasion of the 60th anniversary of the friendship treaty between France and Germany – once signed between President de Gaulle and Chancellor Adenauer – the current French President Macron and German Chancellor Scholz announced last weekend that they want to drive…

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Posted in Finance Politics

Bundestag approves budget

(GermanPolicy.com) – The German Bundestag has passed the budget for the current year, with a borrowing of almost 139 billion Euros. The special editions total almost 100 billion Euros. In order to allow for the budget, the debt brake, enshrined in the Basic Law, was…

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Posted in Finance Politics

Bundestag passes tax breaks

(GermanPolicy.com) – The German Bundestag has approved tax relief. Among the measures: the continuation of the home office flat rate, a higher allowance for employees in medicine of 4,500 Euros, and improved depreciation options for companies. In addition, the deadlines for filing tax returns have…

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Posted in Economy Finance Politics

Reduced taxes on fuel

(GermanPolicy.com) – Fuel prices will be reduced on the tax side for the months of June to August. That was decided by the Bundestag. In the case of petrol, the tax component is now reduced by 29.55 cents per liter, including VAT by 35.20 cents,…

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Bundestag passes tax relief law

(GermanPolicy.com) – The German Bundestag passed the tax relief law against the votes of the CDU-CSU. The left and the AfD voted with abstentions. The amount of the relief is 4.46 billion Euros in the current year and probably 22.5 billion Euros by 2026. This…

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Posted in Finance Politics

FDP defends relief package

(GermanPolicy.com) – The FDP parliamentary group leader in the Bundestag has defended criticism of the CDU-CSU on the relief that has now been decided. “In just a few weeks, the traffic light coalition has provided more noticeable relief than the Union has in the last…

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Posted in Finance Politics

Paus wants to support families

(GermanPolicy.com) – Federal Family Minister Paus wants to increase the amount of state benefits together with the introduction of a basic child security. The goal is for families to have more net money at their disposal. Paus emphasized that the beneficiaries had to be able…

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Posted in Economy Finance Politics

Union parties for a more effective fight against inflation

(GermanPolicy.com) – The CDU-CSU is calling for a more effective fight against the currently high inflation and is thus encountering resistance from the three governing parties. They emphasize that relief in the billions has already been decided. Union vice-chairman Spahn criticized that the government was…

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Posted in Economy Finance Politics

Lindner wants to support companies more

(GermanPolicy.com) – Federal Finance Minister Lindner wants to support companies better financially, on the supply side. This emerges from a strategy paper by Lindners government department. Internationally, the tax rules for corporations must be competitive. In addition, planning and approval procedures need to be accelerated….

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Posted in Finance Politics

Several CDU states criticize supplementary budget

(GermanPolicy.com) – Several states governed by the CDU have criticized the Federal Government’s supplementary budget. The Hessian Prime Minister Bouffier said the budget had numerous shortcomings, and that he cannot consent. Pensioners and students are not included in the budget. Lower Saxony’s Finance Minister Hilbers…

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