CashNews.co Dan Barna (C), Renew Europe Group, stands in the European Parliament and speaks while Ursula von der Leyen, President of the European Commission, stands next to him and Roberta Metsola, President of the European Parliament, stands behind him. Philipp von Ditfurth/dpa The German Finance Ministry is not concerned about violating European Union debt rules […]
CashNews.co BERLIN (Reuters) – German Economy Minister Robert Habeck wants to change the European Union’s laboriously negotiated debt rules, calling them “a security risk” because they are preventing much-needed spending on defence and other priorities. “These rules do not fit the times,” said the Green candidate for Chancellor at an industry conference in Berlin on […]
CashNews.co Country Standard VAT Rates Reduced VAT Rates VAT rate in Austria The standard VAT rate is 20% Austria applies a 13% intermediate VAT rate to certain supplies, including domestic air travel, while a reduced VAT rate of 10% is applied to supplies such as rental of real estate. VAT rates in Albania The standard […]
CashNews.co Robert Bosch, the struggling German industrial giant undertaking a massive overhaul of its workforce, has doubled down on cost-saving efforts by reducing the pay and working hours of thousands more employees in a sign of the plight faced by German companies amid the country’s flatlining economy. On Friday Bosch said it would cut the […]
CashNews.co German and EU politicians have welcomed a hard-fought and widely criticised deal on future support for developing countries to fight and adapt to climate change at the UN climate change conference COP29, emphasising that global cooperation was still possible. “Those who have come here to prevent progress and prevent more climate justice and weaken […]
CashNews.co German Chancellor Olaf Scholz attends a session on November 13, 2024 at the Bundestag. John Macdougall | Afp | Getty Images When the German government collapsed earlier this month, clashes within the former ruling coalition about economic and budget policy were widely cited as a key factor — with the country’s debt brake playing […]
CashNews.co BERLIN (Reuters) – New German finance minister Joerg Kukies said on Friday that a moderate and targeted reform of the debt brake, which limits the public deficit to 0.35% of gross domestic product, was being discussed. Germany’s ruling Social Democrats (SPD) and Greens in particular have bristled at the spending rules at a time […]
CashNews.co ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jörg Kukies, German finance minister, discusses the country’s debt brake policy and plans for Germany’s 2025 budget in a panel with CNBC’s Annette Weisbach. Read More #cashnews #German #finance
CashNews.co Published : 4 hours agoon 21/11/2024 BERLIN (Reuters) – The number of insolvencies in Germany rose by 22.9% in October on the previous year, the country’s statistics office Destatis said on Thursday. This means that with the exception of June 2024, the number of involvencies has seen double-digit monthly increases since June 2023, Destatis […]
CashNews.co BERLIN (Reuters) – The number of insolvencies in Germany rose by 22.9% in October on the previous year, the country’s statistics office Destatis said on Thursday. This means that with the exception of June 2024, the number of involvencies has seen double-digit monthly increases since June 2023, Destatis said. “Collapsing demand from Germany and […]