Tag: Finance
German Cabinet set to approve 10 billion-euro tax relief package
(de-news.net) – Germany’s Cabinet is set to approve a 10 billion euro income tax reform. It is focused on easing the burden on low- and…
Long-term care system faces mounting financial pressure
(de-news.net) – With a projected deficit of 1.2 billion euros by year’s end, Germany’s long-term care insurance system is under increasing financial strain. While short-term…
German Cabinet backs two-stage tax reform targeting middle incomes
(de-news.net) – By 2028, Germany’s proposed two-phase income tax reform, which would increase taxes on high earners while concentrating on lower- and middle-class households and…
Germany faces deepening dispute over pension reform, especially retirement at 63
(de-news.net) – The proposed elimination of retirement without deductions after 45 years of contributions has revealed deep divisions among German state premiers and within the…
Pension reform draws mounting pressure from CDU/CSU, SPD – but also trade unions
(de-news.net) – Germany’s planned phaseout of the “pension at 63” is facing growing resistance from within the governing coalition, trade unions, and several state premiers….
Germany moves to redirect EV subsidies toward European production
(de-news.net) – While discussing trade policies, industrial competitiveness, and EU automotive regulations, Germany is changing its electric vehicle policy to support European manufacturing. Demand for…
Coalition weighs transition period to retirement-at-63 and changes to tax relief
(de-news.net) – In addition to discussing more comprehensive tax relief and economic reforms, Germany’s governing coalition is considering adjustments to retirement at 63, including transitional…
Merz defends pension reform despite political resistance
(de-news.net) – Despite opposition from state premiers, Chancellor Friedrich Merz (CDU) is defending plans to terminate Germany’s deduction-free early retirement for workers with 45 years…
