Berlin announced last week that it wants the next European Union (EU) budget, which will span seven years, to take a keen focus on military funding without increasing the overall spend because of economic challenges facing the block.
Tag: Germany
GERMAN GOVERNMENT PROPOSES €46 BILLION IN BUSINESS TAX BREAKS
Still struggling to jump-start Germany’s torpid economy, the government of chancellor Friedrich Merz has proposed €46 billion in corporate tax cuts, including for the purchase of new equipment and electric vehicles.
GERMANY: JA TO ELECTRIC CARS, NEIN TO TESLA
In May, sales of battery-powered cars in Germany jumped 45 percent year on year, but new Tesla registrations were a third lower, according to data from the country’s Federal Motor Transport Authority.
HEIL MERZ, GERMANY AGREES TO PUMP UKRAINE WITH €5 BILLION IN NEW MILITARY AID
German Chancellor Friedrich Merz met with Ukrainian President Volodymyr Zelensky in Berlin last week and the two spoke about how Germany plans to help Kyiv ramp up its war against Russia by pumping Ukraine with €5 billion in new weapons while forming a joint effort to produce long-range weapons.
GERMANY ACCUSED OF AIDING AND ABETTING GENOCIDE IN GAZA. MERZ DOES AN ABOUT FACE
Even while the Israeli government ramps up its massacres in Gaza—nearly 16 months since the International Court of Justice (ICJ) said Tel Aviv is “plausibly” committing genocide—Berlin has done nothing to distance itself from Israel, and continues to “celebrate” their “unshakeable friendship,” according to a report in WSWS.
HEIL, MERZ: GERMAN CHANCELLOR CELEBRATES TROOP DEPLOYMENT IN LITHUANIA, APPROVAL FOR UKRAINE TO USE LONG-RANGE MISSILES TO HIT TARGETS DEEP INSIDE RUSSIA
German Chancellor Friedrich Merz visited Lithuania last week to celebrate the deployment of his forces inside the country, stating that the brigade represents Berlin’s commitment to securing the Baltic states because their security “is also our security.”
AS FORECAST: POPULIST PARTIES SURGE
Countries across Europe have seen a seismic shift in support from establishment conservative parties to an upstart populist movement that is focused on fixing economic and societal issues at home while tapping into a festering anger toward the establishment.
RECESSIONARY GERMANY TO BREAK OPEN THE PIGGY BANK TO PREPARE FOR WAR WITH RUSSIA, TRY TO BOOST FLAGGING ECONOMY
Germany is putting its (borrowed) money where its mouth is.
GERMANY’S CENTRAL BANK REPORTS FIRST ANNUAL LOSS IN 46 YEARS
Germany’s Bundesbank lost €19.2 billion last year, its first negative year since 1979.
GERMANY’S CHANCELLOR-IN-WAITING AIMS TO PUMP UP MILITARY SPENDING
Friedrich Merz, Germany’s chancellor in waiting, wasted no time to start his full-court press to come up with new funding for Berlin to beef up its military and wants to rush the approval before the new government can challenge him.