CashNews.co (Bloomberg) — Germany’s ruling coalition sealed a final agreement on next year’s draft budget, paving the way for the contentious financing blueprint to be sent to parliament for scrutiny by lawmakers. Most Read from Bloomberg Chancellor Olaf Scholz and his cabinet approved the basic draft last month after weeks of squabbling over limited funds, […]
CashNews.co BERLIN (Reuters) – The heads of Germany’s coalition government have reached an agreement on how to narrow the 17 billion euro ($18.72 billion) gap in next year’s budget, government spokesperson Steffen Hebestreit said on Friday. The German cabinet passed its 2025 budget in July after months of wrangling, even though the gap between projected […]
CashNews.co Wages in the Eurozone’s largest economy are rising at their fastest rate this century, fuelling disquiet among some economists about next month’s expected interest rate cut from the European Central Bank. Negotiated wages in Germany are expected to shoot up by 5.6 per cent in 2024, based on deals agreed between January and June, […]
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CashNews.co BERLIN, GERMANY – NOVEMBER 15: German Finance Minister Christian Lindner gives a statement to the media at the Chancellery following the weekly government cabinet meeting on November 15, 2023 in Berlin, Germany. The topic was a ruling by the German Constitutional Court declaring that the coalition government’s shift of federal money in 2021 originally […]
CashNews.co KPMGGermany: Ministry of Finance releases draft regulation for implementing e-invoicing mandateStarting January 1, 2025, an e-invoice will only be recognized as such if it is sent and received in a specific electronic format that allows….Jun 17, 2024 Read More #cashnews #German #finance
CashNews.co Schäuble served in government in various functions, first under former Chancellor Helmut Kohl as minister for special tasks and head of chancellery from 1984 to 1989, and as interior minister from 1989 to 1991, during which time he played a key role in negotiating German reunification. Former Chancellor Angela Merkel appointed him again as […]
CashNews.co In a week marked by volatility and mixed economic signals, Germany’s DAX index managed to eke out a modest gain of 0.35%, reflecting some resilience amid broader market swings. With the eurozone showing signs of industrial strength despite consumer struggles, now may be an opportune moment to explore lesser-known opportunities in the German market. […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. German direct investment into China has risen sharply this year, in a sign that companies in Europe’s largest economy are ignoring pleas from their government to diversify into other, less geopolitically risky markets. Figures […]
CashNews.co BERLIN (AP) — Wolfgang Schaeuble, who helped negotiate German reunification in 1990 and as finance minister was a central figure in the austerity-heavy effort to drag Europe out of its debt crisis two decades later, has died. He was 81. Schaeuble died at home on Tuesday evening, his family told German news agency dpa […]