Category: Finance
A new law to reduce bureaucracy
(de-news.net) – A measure aimed at cutting bureaucracy was enacted by the German Bundestag. The SPD, Greens, FDP, and Union were in favor of the bill. Its yearly savings target is around 944 million Euros for the administration and economy. Tax assessments no longer need…
Pension reform debated in the Bundestag
(de-news.net) – During the first reading of the Pension Package II bill in the German Bundestag, Labor Minister Heil (SPD) emphasized the need to renew the generational contract without pitting generations against each other. FDP parliamentary manager Vogel warned against a noticeable increase in pension…
Discussions about the minimum wage
(de-news.net) – Federal Labor Minister Hubertus Heil (SPD) has once again stressed that the minimum wage must rise significantly in 2026. A week ago, Heil said that it was important not only to have good jobs in Germany, but also to ensure that people can…
Federal Council votes for Growth Opportunities Act
(de-news.net) – The Federal Council confirmed the Growth Opportunities Act on Friday after there had already been a majority in the Bundestag. There had until recently been resistance from the CDU-CSU after an initial rejection in the Federal Council last year. The project includes stimuli…
Pensions increase the same in East and West Germany
(de-news.net) – Pension payments in Germany will be increased noticeably in the second half of 2024. According to the Federal Ministry of Labor, the adjustment in East and West is equal to 4.57 percent – for the first time after West and East pension levels…
Criticism of the draft law for planned hospital reform
(de-news.net) – Several of the statutory health insurance companies are preparing to increase contributions after the draft hospital reform bill has been announced by Federal Health Minister Lauterbach (SPD). According to estimates, the additional contribution rate will have to increase by 0.3 percent by 2027….
Heil (SPD) announces “social guarantee,” Lindner (FDP) wants to talk about retirement age
(de-news.net) – Federal Labor Minister Heil (SPD) has announced a social guarantee. He is not prepared to move away from the retirement age of 63, at this time. Heil said that “no services that are granted to citizens” by law will be reduced – even…
Lindner (FDP): stock pension will be launched
(de-news.net) – A share-based pension package is due to be formalized shortly, Federal Finance Minister Lindner (FDP) has announced. The initial concerns of the Greens, who form the so-called traffic light coalition alongside the SPD and FDP, have been dispelled, he explained. The reform represents…
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…
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…
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…
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…