German hospitality revenue tumbles to lowest level since spring 2022 German hospitality revenue fell to its lowest level since spring 2022 in March, with price‑adjusted turnover down 5.2% year‑on‑year, driven …
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VAT
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Business
Gastronomy VAT cut reveals little relief as menu prices continue rising
by Leo Müllerby Leo MüllerRestaurant VAT cut fails to lower prices as German dining sector remains under pressure Despite a restaurant VAT cut to 7%, consumer prices for meals have not fallen; data show …
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Business
VAT increase could raise nearly €50 billion as government weighs plan
by Leo Müllerby Leo MüllerGermany 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 …