Tag: Finance
Business Associations Demand Relief
(de-news.net) – More than 65 business associations have called on the party leadership of CDU, CSU, and SPD to revise the economic policy agreements reached in the coalition talks and to provide significant relief to companies. In a letter, the associations warn of Germany’s further…
Solidarity surcharge: abolition, continuation, or reform?
(de-news.net) – Reiner Haseloff (CDU), Saxony-Anhalt’s Minister-President, advocates for the continuation of the solidarity surcharge, emphasizing its necessity in financing the welfare state. He argues that, rather than introducing new taxes, the surcharge should be extended pragmatically, particularly given the challenging economic climate. This follows…
Bundesrat approves constitutional amendments
(de-news.net) – The Bundesrat has ratified constitutional amendments addressing debt limitations and the establishment of a dedicated infrastructure fund. These amendments, integral to a debt package previously endorsed by the Bundestag, necessitated a two-thirds majority in the Bundesrat, which was secured with 53 votes from…
Potential savings in Germany thanks to energy transition
(de-news.net) – The Federal Association of German Industry (BDI) underscores significant cost-saving opportunities arising from Germany’s transition to sustainable energy systems. A comprehensive analysis commissioned by the BDI and conducted by the consulting firm Boston Consulting Group projects that an optimized implementation of the energy…
Merz emphasizes the need for new priorities in government spending
(de-news.net) – CDU leader Friedrich Merz questions the timeline for coalition negotiations with the SPD, suggesting that extended discussions might be necessary as Merz indicated his intention to make challenging decisions regarding social expenditures in the coming weeks. He emphasized the necessity of a comprehensive…
Bundestag approves the financial package
(de-news.net) – The Bundestag has approved the financial package proposed by the CDU/CSU and SPD, with 512 votes in favor and 206 against, achieving the two-thirds majority for a constitutional amendment which was required. The package includes a 500-billion-euro special fund for infrastructure and climate…
Towards a two-thirds majority for the financial package, party leaders
(de-news.net) Prior to the Bundestag’s vote on the financial package, efforts are being made by the Union parties as well as the SPD in the Bundestag to secure the two-thirds majority that is the prerequisite for a constitutional amendment among their respective parliamentary members. Friedrich…
Current Bundestag competent to pass financial package
(de-news.net) – The current Bundestag retains the authority to vote on the constitutional amendment concerning the proposed financial package. The Federal Constitutional Court dismissed urgent motions filed by the Left Party and the AfD, reasoning that the current legislative term only concludes with the convening…
Agreement reached with the Union parties and the Greens: SPD satisfied
(de-news.net) – The SPD expressed satisfaction with the agreement reached with the Union parties and the Greens, which permits an exemption from the debt brake for security expenditures, a credit-financed special fund for infrastructure and climate protection, and minor debt acquisition by federal states. Lars…
Black-red deal with the Green Party regarding infrastructure and climate as well as defense
(de-news.net) – The CDU/CSU and SPD have reached an agreement with the Green Party on a financial package involving significant expenditures on defense and infrastructure. CDU leader Friedrich Merz outlined the agreement, which includes 100 billion euros from a special fund for infrastructure, aimed at…
Financial package met with opposition criticism, but backed by CDU and SPD
(de-news.net) – The Bundestag convened for a special session on Thursday to deliberate on a proposed debt acquisition proposed by the CDU/CSU and SPD, aimed at defense and infrastructure. The debate was marked by controversy and emotional exchanges on the sense and size of the…
Debt package: convergence of the Union parties and the SPD with the position of the Greens
(de-news.net) – Efforts to reach an agreement with the Green Party on a debt solution for defense and infrastructure have led to a potential compromise. SPD and CDU/CSU representatives said they were amenable to the Greens’ idea of expanding the definition of defense to cover…
