Germany Considers VAT Increase as Quick Fix to Close Budget Gap Government weighs raising VAT to bolster revenues; economists estimate €30–€50bn gain, but experts warn of regressive effects and inflationary …
Business
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Business
GKV funding shortfall spurs lawsuit as insurers demand €10–12 billion
by Leo Müllerby Leo MüllerGKV funding shortfall prompts calls for €12bn federal top‑up for Bürgergeld recipients German GKV funding faces a deep shortfall as experts urge a €12bn federal top‑up for Bürgergeld recipients; ministers …
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Business
Rheinmetall reveals 350,000 applications as it targets 70,000 employees by 2030
by Leo Müllerby Leo MüllerRheinmetall hiring surge: 350,000 applications as production and workforce scale up for heightened defence demand Rheinmetall receives 350,000 job applications as it expands production and supply chains, aiming for 70,000 …
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Business
Artificial Intelligence concentrates economic and political power threatening liberal democracy
by Leo Müllerby Leo MüllerArtificial Intelligence’s Real Threat to Democracy: Power Concentration, Not Just Productivity As artificial intelligence reshapes economies and institutions, the central danger lies in who controls AI resources and influence, not …
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Rheinmetall launches Hamburg production of K3 Scout maritime drones
by Leo Müllerby Leo MüllerRheinmetall naval drones enter serial production in Hamburg, aiming for 500–1,000 units and billions in sales Rheinmetall naval drones enter serial production in Hamburg; K3 Scout boats aim for 500–1,000 …
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Business
Germany’s Bundestag approves two-month fuel tax cut and €1,000 relief bonus amid employer criticism
by Leo Müllerby Leo MüllerGermany approves fuel tax cut and optional €1,000 relief premium for employees Bundestag approves two-month fuel tax cut; Bundesrat backs the tank discount and will vote on a voluntary tax-free …
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Providence House sale sets UK private house record at £275 million
by Leo Müllerby Leo MüllerProvidence House sale in Chelsea sets new UK private-house record at over £275m Providence House sale in Chelsea sets a UK private-house record at more than £275m (~€320m), spotlighting political …
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Business
IG Metall and unions reject proposal to abolish May Day holiday
by Leo Müllerby Leo MüllerAbolish May Day holiday proposal draws sharp rebuke from IG Metall and unions IG Metall leader Christiane Benner has strongly rejected plans to abolish May Day, saying proposals to abolish …
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Business
SAP forecasts slower overall growth in 2026 despite AI driven cloud gains
by Leo Müllerby Leo MüllerSAP growth forecast: Cloud and AI buoy Q1 but SAP warns full-year expansion will slow SAP growth forecast: SAP warns of slower revenue expansion in 2026 despite strong cloud and …
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Business
Ines Schwerdtner calls for Austrian-style pension overhaul, raising statutory level to 53 percent
by Leo Müllerby Leo MüllerLeft leader urges government to strengthen statutory pension with Austrian-style model Ines Schwerdtner urges boosting Germany’s statutory pension with an Austrian-style contribution system to raise benefits and include self-employed now. …