German Chancellor Olaf Scholz's economic adviser Joerg Kukies (pictured) is set to become the country's new finance minister after Scholz dismissed previous Finance Minister Christian Lindner, AFP reported on Thursday, citing a government source.Kukies worked at Goldman Sachs from 2004 to...
German Chancellor Olaf Scholz dismissed Finance Minister Christian Lindner on Wednesday night, marking a rupture within Germany’s ruling coalition. According to government spokesperson Steffen Hebestreit, Scholz announced the decision following tensions over economic and budget policy.The...
Germany's Finance Minister Christian Lindner pledged on Friday that the European Union will take retaliatory measures if the United States starts the trade war. "We [will] need diplomatic efforts to convince whoever enters the White House that it's not in the best interest of the US to have a trade...
German Finance Minister Christian Lindner urged European Commissioner Ursula von der Leyen not to "trigger a trade war" with China after the European Union member states voted in favor of imposing tariffs on Chinese electric vehicles. He added that the EU needs a "negotiated solution" to...
German Finance Minister Christian Lindner commented on Monday that he is in favor of most ideas laid out by former European Central Bank (ECB) President and Italian Prime Minister Mario Draghi in his report."We need to work on mobilizing the growth forces of the private sector. I welcome all of...
German Finance Minister Christian Lindner said on Thursday while presenting the results of the 166th tax estimate that the budget for 2025 remains a major challenge for the country."There is no new financial scope for the foreseeable future. The current tax estimate is a reality check for the 2025...
German Finance Minister Christian Lindner said on Friday that the global economy is "witnessing a new normal" that started in 2023, which include changes such as the rise of artificial intelligence, geopolitical tension and threat of fragmentation, and higher debt levels "which have shrunk our fiscal...
German Chancellor Olaf Scholz's three-party coalition has reached an agreement on the 2024 budget, DPA reported Wednesday morning.
The report did not specify the details of the agreement. However, a briefing has been scheduled for today at 12:00 pm local time when Scholz, Finance Minister...
German Finance Minister Christian Lindner stated on Thursday that the government intends to introduce a supplementary budget for 2023 on Wednesday.
"There is now new legal clarity on how we have to deal with special assets and emergency loans," said Lindner. "We will now put...
German government confirmed on Thursday in a statement that the approved electricity package will result in a tax relief of €12 billion for the manufacturing industry in the following five years by dropping the current tax from €15.37 per megawatt-hour (MWh) to €0.50/MWh.
On the matter,...
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