Posted in Economy Finance Politics

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….

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Posted in Finance Politics

Habeck (Greens) advocates for billionaire tax

(de-news.net) – The Green party’s candidate for Chancellor, Robert Habeck, has proposed a billionaire tax, with the revenue used to refurbish schools and improve educational infrastructure and staffing. The Federal Minister for Economic Affairs argued that taxing a small portion of the wealth of the…

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Posted in Finance Politics

Federal Government and FDP agree on moderate tax relief and child benefit increase

(de-news.net) – The red-green minority government and the FDP have reached an agreement on tax relief for fiscal drag and an increase in child benefits. These measures are anticipated to be implemented before the Bundestag election in February. According to former Finance Minister Christian Lindner,…

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Posted in Economy Finance

Upcoming elections: it’s either Scholz or Merz

(de-news.net) – Neither outgoing Chancellor Olaf Scholz (SPD) nor Union Chancellor candidate Friedrich Merz (CDU) wish to collaborate in person after the upcoming Bundestag election. Merz has ruled out any role for Scholz in a future federal government, while Scholz has stated that he would…

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Posted in Finance Politics

No legislation provided for the Deutschlandticket, Union Vice Chairman

(de-news.net) – The future of the Deutschlandticket for the upcoming year is once again uncertain. Ulrich Lange (CSU), Vice Chairman of the two Union parties, criticized the SPD-Green coalition for their failure to provide the requisite legislation, asserting that the previous coalition should have already…

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Posted in Finance Politics

Kukies sees additional financial resources

(de-news.net) – Federal Finance Minister Jörg Kukies (SPD) foresees the availability of additional financial resources despite the interim budget management. He indicated that starting in January, more than the anticipated one-twelfth of the annual budget might be accessible on a monthly basis. Kukies underscored that…

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Posted in Economy Finance Politics

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…

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Posted in Economy Finance Politics

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…

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Posted in Finance Politics

SPD calls on CDU-CSU regarding debt brake, hospital reform

(de-news.net) – SPD leader Lars Klingbeil has called on CDU chief Friedrich Merz to engage in urgent discussions regarding the reform of the debt brake, which is enshrined in Germany’s Basic Law. Klingbeil emphasized the necessity of not postponing such discussions until the formation of…

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Posted in Finance Politics

CDU-CSU confirms support for Deutschlandticket

(de-news.net) – The Union faction in the Bundestag has formally endorsed an amendment to the Regionalization Act aimed at securing continued funding for the Deutschlandticket. CDU General Secretary Carsten Linnemann underscored that this decision pertains to the reallocation of existing financial resources, rather than the…

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Posted in Finance Politics

CDU steadfast as to the debt break but supports Deutschlandticket

(de-news.net) – CDU General Secretary Linnemann has rejected the SPD’s proposal to engage in discussions regarding the reform of the debt brake. Linnemann reaffirmed the CDU’s steadfast commitment to the debt brake, dismissing SPD attempts to reinterpret CDU president Friedrich Merz’s position. SPD leaders Esken…

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Posted in Finance Politics

FDP, CDU and Green party will likely help pass certain laws before the forthcoming elections

(de-news.net) – Former Justice Minister Marco Buschmann (FDP) anticipates that the Bundestag will approve the proposed constitutional amendment to strengthen the Federal Constitutional Court prior to the upcoming elections. He highlighted the significance of this initiative and emphasized that all involved political factions are in…

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