Tag: Economy
CDU election program: tax relief and stricter migration policy
(de-news.net) – The Union parties plan on implementing comprehensive tax relief as well as stricter migration policies should they win the forthcoming Bundestag elections. The CDU-CSU election program for the Bundestag election on February 23 is perceived by Parliamentary Secretary Thorsten Frei (CDU) as a…
SPD election program: aiding the young and the old, tax reductions for most (Update)
(de-news.net) – The SPD intends to campaign for the Bundestag election with proposals to solidify rent control and to alleviate taxes: The social democrats also want to provide more support to young families, to secure state pensions, to cap care costs, and to promote investment….
Scholz advocates for reduction in VAT on food
(de-news.net) – Chancellor Olaf Scholz has proposed a reduction in the VAT rate on food from seven percent to five percent. He articulated on ARD television that this measure would significantly benefit low-income earners without imposing a substantial burden on the federal budget. When queried…
FDP initiates campaign on economic transformation, focus on migration
(de-news.net) – The FDP has commenced its campaign for the Bundestag election with a call for an economic transformation. During the unveiling of campaign posters in Berlin, party leader Christian Lindner asserted that everything, including the economic situation, can change. The FDP positions itself as…
Scholz calls for EU action to protect steel industry, underscores competitive energy costs
(de-news.net) – Following a meeting with senior representatives of the steel industry, Chancellor Olaf Scholz (SPD) pledged to advocate for the sector at the European Union level. Government spokesperson Steffen Hebestreit announced that Scholz is calling for an expedited European steel summit and intends to…
Scholz announces strategy to aid steel industry
(de-news.net) – Chancellor Olaf Scholz has presented a three-point strategy to bolster the steel industry. He announced an impending meeting with industry leaders, labor representatives, and unions to deliberate on specific measures, which is to take place on Monday. Scholz underscored the strategic importance of…
Tenants’ Association for continued rent control
(de-news.net) – The German Tenants’ Association (DMB) has issued a cautionary statement against the non-extension of the rent control mechanism. According to DMB President Siebenkotten, failing to extend this measure would be exceedingly imprudent, particularly given the strained housing market. Without political intervention, the rent…
Constitutional Court confirms the financing of the electricity price cap
(de-news.net) – The Federal Constitutional Court in Karlsruhe has deemed the financing of the electricity price cap lawful. The court in Karlsruhe dismissed the constitutional complaints of 22 renewable energy producers who had challenged the then-valid profit skimming regulations. The 22 companies had argued in…
Habeck for an abolition of the electricity tax
(de-news.net) – At an industrial conference in Berlin, Federal Minister for Economic Affairs Robert Habeck (Greens) underscored the critical necessity for immediate measures to alleviate electricity costs for businesses. He proposed reducing grid fees through state subsidies, advocating for the adoption of a supplementary budget…
Chancellor Scholz encourages global action in the face of climate change
(de-news.net) – At the close of the G20 summit in Brazil, German Chancellor Olaf Scholz emphasized the need for decisive global action to tackle climate change. Speaking before his departure from Rio de Janeiro, the German leader stressed that the world must remain committed to…
FDP withdraws federal ministers – traffic light coalition breaking up
(de-news.net) – It is the end of the traffic light coalition. All FDP ministers have been recalled by their party from the alliance with the SPD and the Greens after Chancellor Scholz had previously dismissed the liberal Federal Finance Minister Lindner due to a lack…
Coalition partners talk about the economic crisis and the budget
(de-news.net) – The traffic light coalition has halted negotiations of the tax package for 2025 coordinated by Federal Finance Minister Lindner (FDP). Talks were broken off last Friday but could continue on Thursday, at the earliest. The Greens do not wish higher earners to be…
