Category: Finance
Bundesrat passes laws to stimulate long-term growth and competitiveness
(de-news.net) – In a step toward recalibrating Germany’s economic trajectory, the Bundesrat has unanimously ratified the Bundestag’s immediate investment package, signaling unified federal and state support for an ambitious agenda of fiscal stimulus, regulatory reform, and industrial modernization. The cornerstone of the initiative – the…
Dürr (FDP) proposes capital-funded schemes for youth over state reliance
(de-news.net) – Christian Dürr, chair of the Free Democratic Party (FDP), has proposed for young individuals with limited income to be excluded from the statutory pension framework, suggesting the redirection of their contributions into capital-funded schemes. He contended that such a shift would afford them…
Political divide over regulating global tech giants
(de-news.net) – Federal Minister for Economic Affairs Katherina Reiche (CDU) opposes a digital tax on major US tech firms, as proposed by Minister of State for Culture Wolfram Weimer. Reiche emphasized the need to reduce trade barriers and improve competitive conditions for domestic and European…
German Chamber of Industry and Commerce advocates for structural reforms
(de-news.net) – The Federal Government has been encouraged by business organizations to focus structural reforms in addition to greater investment. The CEO of the German Chamber of Industry and Commerce, Helena Melnikov, stressed the need of strategically, effectively, and growth-oriented allocation of infrastructure fund resources….
Federal-state commission on the reform of long-term care in session (Update)
(de-news.net) – The inaugural session of the federal-state commission on the reform of long-term care was held in Berlin, with the primary objective of safeguarding the financial sustainability of Social Long-Term Care Insurance and ensuring its resilience amid demographic transformations. Federal Minister of Health Nina…
Debates about the future of the Deutschlandticket (Update)
(de-news.net) – Federal Transport Minister Patrick Schnieder (CDU) has proposed linking the price of the Deutschlandicket to inflation as a potential solution for sustainable pricing, suggesting this would eliminate the need for annual renegotiations. While federal and state governments appear unwilling to exceed the existing…
Coalition defers electricity tax relief for consumers, fast-tracks Mütterrente
(de-news.net) – Electricity tax relief will remain restricted to the industrial sector and agriculture. Following extended negotiations, the coalition of CDU/CSU and SPD failed to reach consensus on a comprehensive reduction of electricity taxes for all consumers. Broader reductions for households and other economic sectors…
From entitlement to accountability: budget cuts and a reconfiguration of Bürgergeld sanctions
(de-news.net) – According to recent media accounts referencing senior officials within the Federal Ministry of Finance, the German Federal Government is poised to implement substantial fiscal retrenchments within the framework of its social welfare program, commonly referred to as Bürgergeld. Specifically, it is projected that…
Debates about a reform of the electricity tax in Germany
(de-news.net) – The German Federal Government has refined the eligibility criteria for a proposed reduction in electricity taxation, aiming to implement a previously announced fiscal relief measure. According to a spokesperson for the Federal Ministry of Finance, the measure is designed to encompass the entire…
CDU/CSU committed to further stabilizing the pension system
(de-news.net) – The CDU/CSU parliamentary group has reaffirmed its commitment to advancing reforms within the statutory pension system, emphasizing the imperative of expedient implementation over continued empirical examination. Stefan Nacke (CDU), chair of the CDU/CSU parliamentary group’s labor wing, underscored that the informational groundwork laid…
‘Investment booster:’ Germany slashes business taxes, expands depreciation
(de-news.net) – In an effort to stimulate economic expansion, the German Bundestag has enacted a comprehensive fiscal reform package aimed at substantially reducing the tax burden on enterprises. Central to the legislation is the introduction of enhanced depreciation allowances, enabling companies to deduct up to…
Coalition advances pension legislation anchored in fiscal expansion and social equity
(de-news.net) – In an initiative to ensure long-term stability in pension entitlements and to enhance the scope of the “Mütterrente” (mothers’ pension supplement), Federal Minister of Labour Bärbel Bas has introduced a comprehensive legislative proposal, advanced by the CDU/CSU and SPD. The legislative draft, under…
