German government pledges to cut taxes, bureaucracy
31 August 2023 | 2:38 pm
The leaders of Germany's ruling coalition sought to project unity during a two-day retreat outside Berlin. Chancellor Olaf Scholz announced a major tax cut.
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German Economy Minister Robert Habeck wants to stop the sale of a chip production plant to a Chinese investor. The Green Party politician has expressed concern about giving China control over key infrastructure.
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The Ukraine war has eaten up the Bundewehr's munitions stockpile, sparking concern among politicians and the military. Meanwhile, inflation is eating away at the €100 billion in extra military spending pledged by Berlin.
Food companies making big profits as inflation has surged should face windfall taxes to help cut global inequality, anti-poverty group Oxfam said on Monday as the World Economic Forum's annual meeting gets underway.
A prominent environmental group accused Berlin of failing to meet its own climate goals. It is asking for an emergency program to salvage the targets.
From immigration to the energy transition, the success of Germany's biggest economic priorities relies on an increasingly older, paper-bound bureaucracy getting its act together.
Germany's government wants higher safety standards for smaller ships. Sea rescue organizations see this demand as a violation of the coalition agreement and as a hindrance to their mission.
The war in Ukraine is proving expensive, even in Germany, where the government has to save money and decide what is more important: International security or social welfare?
A potential ban could be on the table, media reports said. A German government spokesperson rejected the claim.
Taiwo Oyedele, the Fiscal Policy Partner and Africa Tax Leader at PwC Nigeria believes Nigeria's newly introduced 2023 Fiscal Policy Measures and Tariff Adjustments should be suspended and revisited.
Leaner, faster, better. Germany’s defense minister is under pressure to show that he can succeed where his predecessors have failed: Cut bureaucracy, and turn the Bundeswehr into a serious fighting force.
Germany is currently the only country that has an actual plan to reduce energy demand permanently. Its goal is to reduce gas consumption by 20 percent, and includes a set of energy savings provisions for both companies and state entities.
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