EU budget 2027: Member States Back €192 Billion Plan, €8 Billion Less Than Commission EU member states agree on a provisional €192 billion EU budget for 2027, setting the stage …
budget
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Politics
German government unveils sweeping reforms in 2027 federal budget
by Hans Ottoby Hans OttoGerman reform package reshapes federal budget and asks citizens to shoulder short-term costs for longer-term gains German reform package reshapes the 2027 federal budget, imposing short-term costs for citizens while …
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Politics
German Budget Draft Reveals €607 Billion Military Plan Allocating 30%
by Hans Ottoby Hans OttoGerman federal budget draft directs nearly one-third of spending to military buildup German federal budget draft allocates €607 billion to defence over four years; 2030 military spending would reach €183 …
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Business
Klingbeil unveils €203.7bn German budget borrowing plan through 2030
by Leo Müllerby Leo MüllerGerman federal budget: Klingbeil proposes €203.7bn new borrowing in 2027 draft German federal budget draft: €203.7bn new borrowing planned for 2027 by Finance Minister Klingbeil; deficits persist through 2030. Cabinet …
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Business
EU budget under pressure as Merz demands steep reductions in Brussels
by Leo Müllerby Leo MüllerEU budget 2028-2034 faces sharp opposition as Germany and allies demand deep cuts At the Brussels summit on June 19, 2026, Germany pushed to cut the EU budget 2028-2034; leaders …
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Business
Income tax reform confronts €34 billion budget gap ahead of coalition summit
by Leo Müllerby Leo MüllerGerman coalition confronts income tax reform as July 1 meeting looms German coalition prepares for July 1 talks on income tax reform as health and care bills advance, facing a …
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Business
EU budget 2028–2034 criticized as unaffordable and unbalanced after Cyprus compromise
by Leo Müllerby Leo MüllerEU budget 2028-2034 deal called unaffordable as Cyprus compromise sparks row EU budget 2028-2034: Cyprus’ compromise is criticised as unaffordable and imbalanced, prompting German warnings and complicating Brussels’ budget talks. …
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Business
European Commission proposes exempting national energy aid from EU budget rules
by Leo Müllerby Leo MüllerEU energy aid exemption proposed to shield Italy’s €7bn relief from budget rules EU proposes energy aid exemption from Stability and Growth Pact after Italy’s request, allowing state support and …
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Business
Finance Digitalization Lags as CFOs Cite Budget and Skills Shortages
by Leo Müllerby Leo MüllerDigitalization in Finance Still Nascent, WHU and PwC Survey Shows WHU and PwC study finds digitalization in finance advancing but incomplete, with CFOs citing budget limits, skills gaps and poor …
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Business
Germany’s Elterngeld faces cuts as cabinet trims family budget
by Leo Müllerby Leo MüllerGermany’s Elterngeld reform hit by federal budget cuts, trimming parental allowance spending Germany’s Elterngeld reform faces mounting pressure as federal budget cuts shrink the family ministry’s funding, forcing reductions in …