Tag: Economy
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…
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…
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…
‘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…
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…
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…
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…
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…
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…
Law on Citizen’s Income reform to be presented in the near future
(de-news.net) – Federal Minister of Labor Bärbel Bas SPD) aims to swiftly implement reforms to the Citizen’s Income system. The SPD politician stated in Berlin…
Deutsche Bahn to increase family seat reservation fees
(de-news.net) – Effective June 15, Deutsche Bahn will implement a modification to its reservation pricing structure, eliminating the reduced family seat reservation rate. Under the…
BioNTech intends to acquire CureVac, strengthen cancer immunotherapies
(de-news.net) – BioNTech, the biopharmaceutical company headquartered in Mainz, has formally announced its intention to acquire CureVac, a biotechnology firm based in Tübingen, with the…
