The Local Germany

Finance Minister refuses to budge on tax relief

Fri, 26 Oct 2018 12:29:18 +0200

Critics of government tax policy had called for the Finance Minister to signal tax cuts for middle income earners in a forecast on 2019 revenues on Thursday. But Minister Scholz said the government would stick to its current course.

Why pressure is growing on German government to cut your taxes

Thu, 25 Oct 2018 13:58:06 +0200

Few countries in the developed world have as high a tax burden as Germany. As the state coffers continue to grow, pressure is increasing on the government to relieve the taxpayer.

Government agrees multi-billion euro tax relief ‘to help poor families’

Wed, 27 Jun 2018 13:05:57 +0200

The German government is set to sign off a proposal from the Finance Ministry on Wednesday that will provide tax relief totalling €9.8 billion a year. Finance Minister Olaf Scholz promised it would make a big difference to low earners.

New German budget: (slightly) more money in taxpayers’ pockets

Tue, 15 May 2018 12:30:51 +0200

The new German budget means more money in your pocket, according to a report in Tuesday's Rheinsiche Post.

Multi-billion euro tax recalculation spells good news for middle-income earners

Wed, 09 May 2018 18:45:36 +0200

The German Finance Ministry on Wednesday published figures that predicted extra tax revenue of €63 billion over the next four years. The Finance Ministry said tax relief could soon follow.

France and Germany pledge Eurozone reform plan by June

Sat, 28 Apr 2018 17:44:34 +0200

Germany and France on Saturday pledged to deliver a joint proposal to reform the eurozone in time for a leaders summit in June, despite their big differences on the future of the bloc.

Hamburg bids farewell to its most famous son

Mon, 23 Nov 2015 16:07:12 +0100

Thousands of people lined the streets of Hamburg on Monday to pay their respects to former Chancellor Helmut Schmidt, as the great and the good of Germany, Europe and the world gathered in church to bid him farewell.

Olympic visions compete in Berlin and Hamburg

Mon, 01 Sep 2014 17:32:00 +0200

Germany's capital and its gateway to the North Sea each released details of their Olympic bids on Monday as the race for the 2024 or 2028 summer games nominations picks up momentum.

Labour ministry tags €100 million for micro-credit programme

Wed, 09 Sep 2009 14:00:00 +0200

Labour Minister Olaf Scholz is planning a €100-million programme to provide micro-credit to small German businesses, financial daily Handelsblatt reported on Wednesday.

Pensions promise provokes SPD disagreement

Sat, 11 Jul 2009 13:05:00 +0200

Finance Minister Peer Steinbrück has questioned a new law that guarantees pensions will not be reduced even if wage levels go down, saying pensioners today are doing better than ever before, and the younger generation needs help more.

Labour minister warns of future skilled worker shortage

Fri, 10 Jul 2009 10:38:00 +0200

German Labour Minister Olaf Scholz urged industries on Friday to open up more training and apprenticeship positions despite the current recession.