German Government Reaches Agreement on Record €560.9 Billion Budget
Lawmakers approved €560.9 billion in spending, but the coalition could not find the €5.4 billion needed for the electricity tax cut.
72 Articles
72 Articles
Germany is to increase its loans by more than 210 billion euros next year, this being the second largest amount borrowed by the country since the end of the Second World War, after parliamentarians have supported a budget plan on which Chancellor Friedrich Merz hopes to relaunch the work of his unpopular government, ...
After the budgetary adjustment meeting in the Bundestag, the federal budget of 2027 is to be concluded. What political priorities does the government have in terms of defence, infrastructure, economy and social expenditure?
German government reaches agreement on record €560.9 billion budget
Germany’s coalition has hammered out a massive €560.9 billion budget for 2027 after all-night marathon negotiations, sparing some social benefits while leaving a promised electricity tax cut in limbo.
16 hours of consultation, a budget with record expenditures and five billions missing for the electricity tax reduction. The zoff therefore migrates to the coalition committee on Tuesday. And the question remains: is this still packing the coalition?
The coalition agrees in the budget negotiations on changes in housing allowance and child supplement. The planned plastic tax is suspended.
Westfalenpost
Chancellor Friedrich Merz had announced to reduce the electricity tax for all consumers, but the coalition has no money for it.
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