Tag: Finance
Merz (CDU): the federal budget is outdated
(GermanPolicy.com) – The chairman of the CDU and parliamentary group leader of the Union parties in the German Bundestag, Merz, has accused the Federal Government of being unrealistic. The budget presented by the government is based on outdated assumptions, Merz said. Chancellor Scholz (SPD) mainly…
Scholz against permanent subsidies for fossil fuels
(GermanPolicy.com) – Chancellor Scholz (SPD) has stressed in the German Bundestag that there should be no overturning of the market mechanisms in view of the high fuel prices. He rejected subsidies on fossil energy on the grounds that the goal of climate neutrality was important….
Lindner presents federal budget
(GermanPolicy.com) – The draft of the new federal budget includes expenditures of 458 billion Euros. New debt is 100 billion Euros, and the special fund for the Bundeswehr encompasses an additional 100 billion Euros. This was said by Federal Finance Minister Lindner (FDP) during a…
Mobility allowance for small and medium incomes
(GermanPolicy.com) – According to media reports, the traffic light coalition intends to propose a mobility allowance for small and medium-sized incomes. A model by Federal Finance Minister Lindner (FDP), who had brought a tank discount into play, is no longer on the table. The mobility…
Employers want bonus for the care sector quickly
(GermanPolicy.com) – The German Nursing Employers’ Association has demanded that the Federal Government quickly implement the announced nursing bonus and the tax exemption for services at night and on public holidays. It is still unclear when the nursing bonus will benefit nursing staff. These have…
Short-time allowance to be extended
(GermanPolicy.com) – Contrary to initial plans, the short-time allowance will be extended beyond the month of March. From April, the Federal Government is going to be able to order that employers can be reimbursed proportionately for contributions regarding the allowance. This requires amendments to the…
Greens want to support local transport
(GermanPolicy.com) – Green Party leader Ricarda Lang has spoken out against price increases in local public transport and has advocated investment. Like the Federal States, Lang proposed investing 750 million Euros in public transport. Lang expressed her hope that the scope of this type of…
New minimum wage from October
(GermanPolicy.com) – This Wednesday, the German Bundestag will probably decide to increase the minimum wage to twelve euros. The newly determined amount will be applicable law from 1 October. The lower wage limit is currently EUR 9.82. On July 1, the minimum wage will rise…
Pension increases
(GermanPolicy.com) – From July, pensioners in Germany are to receive significantly higher pensions, according to an agreement by the the Federal Cabinet and the Federal Council. According to the Federal Ministry of Labor, pensions in western Germany will be increased by 3.35 percent, and by…
Federal Government decides on tax relief and higher commuter allowances
(GermanPolicy.com) – The Federal Cabinet has decided, in retrospect to 1 January, a tax relief for commuters and a higher basic allowance in citizens’ tax returns. The commuter rate is to be raised from 25 to 28 Cents per kilometer, while the rate for advertising…
Heating cost subsidy for around 2 million people
(GermanPolicy.com) – Housing benefit recipients will soon receive a heating subsidy. The Federal Government parties have voted for this in the Bundestag, together with the party Die Linke. The CDU-CSU was against, while the AfD abstained. More than 2 million people are expected to benefit…
Grants for people on welfare
(GermanPolicy.com) – The Federal Cabinet made up of representatives from the SPD, Greens and FDP have decided on surcharges for the needy. For children and young people, 20 Euros more per month should be paid, and adults from families who already receive social benefits such…
