Tag: Economy
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…
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….
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…
Minimum wage: commission endorses gradual increase amid economic headwinds and inflationary stabilization
(de-news.net) – The German Minimum Wage Commission has promulgated a unanimous resolution mandating a two-tiered augmentation of the statutory minimum wage—from 13.90 euros effective in early 2026 to 14.60 euros at the commencement of 2027. This determination was rendered notwithstanding the recent stabilization of inflation,…
Lawmakers approve prolongation of rent control mechanism in response to urban housing pressures
(de-news.net) – The German Bundestag has legislatively sanctioned the continuation of the rent control mechanism, known as the ‘Mietpreisbremse,’ through the conclusion of 2029. This regulatory instrument imposes a constraint on initial rental agreements, capping permissible rent levels at no more than ten percent above…
‘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…
Modernization of German railway stations
(de-news.net) – Deutsche Bahn has announced its intention to comprehensively modernize an additional 100 railway stations this year as part of its ongoing infrastructure rehabilitation program. According to the corporation, all designated stations will undergo complete redesign in accordance with standardized criteria. The implementation of…
Invoices and financial records may have to be retained longer
(de-news.net) – According to proposals advanced by Federal Finance Minister Lars Klingbeil (SPD), commercial entities will once again be obliged to retain invoices and financial records for an extended period. As reported by various media outlets citing the chair of the SPD, the ministerial staff…
BDI sees favorable performance of the new German government
(de-news.net) – The President of the Federation of German Industries (BDI), Peter Leibinger, has conveyed a favorable assessment of the current federal coalition, commending its promising initial performance and its commitment to implementing pertinent administrative and fiscal reforms. He emphasized that the government’s efforts to…
Fair Wages Act: Schulze (CDU) advises caution
(de-news.net) – Sven Schulze (CDU), Minister for Economic Affairs of Saxony-Anhalt and member of the CDU executive committee, has voiced apprehensions concerning the Fair Wages Act, introduced by Federal Labour Minister Bärbel Bas (SPD), cautioning that the legislation could evolve into a disproportionately complex regulatory…
