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Starting January 1, 2025, social security contributions will rise significantly, with the contribution assessment ceiling for pensions increasing to €8,050 per month and health insurance to €6,150. This change, driven by a projected wage growth of 6.4%, aims to address inequalities in contributions, particularly from high earners, and is expected to generate an additional €2 billion for the pension fund.
The governing coalition in Germany is in crisis talks to prevent a collapse, as tensions rise among the Social Democrats, Greens, and Free Democrats over economic strategies. With the country facing economic contraction and the return of Donald Trump raising concerns, leaders are under pressure to reach a consensus on budgetary issues and climate targets. Failure to agree could lead to a minority government or early elections, which polls suggest would be detrimental for all coalition parties.
Starting January 1, 2025, social security contributions will rise significantly, with the contribution assessment ceiling for pensions increasing to €8,050 per month and health insurance to €6,150. This change, driven by a projected wage growth of 6.4%, aims to address inequalities in contributions, particularly from high earners, and is expected to generate an additional €2 billion for the pension fund.
UBS has maintained a "Neutral" rating for Siemens Healthineers with a target price of 51 euros, noting a solid fourth fiscal quarter but a profit target for 2025 that falls below expectations. In political news, Chancellor Olaf Scholz has dismissed Finance Minister Christian Lindner, marking the end of the traffic light coalition, and plans to call a vote of confidence in the Bundestag on January 15. Market reactions to Donald Trump's election as US President have been significant, with US stocks and Bitcoin surging, while German car shares experienced a decline.
Germany's coalition government, known as the "traffic light" coalition, is facing a severe crisis, with FDP leader Christian Lindner demanding a significant policy shift. The coalition's unpopularity and internal disagreements over the 2025 budget have intensified calls for its dissolution, potentially leading to early elections. Chancellor Olaf Scholz is attempting to salvage the coalition amid growing public discontent and looming political instability.
The coalition government in Germany faces a critical moment as Finance Minister Christian Lindner's proposals for an economic turnaround threaten to fracture the alliance of SPD, Greens, and Liberals. Following a tense three-hour meeting with Chancellor Scholz, further crisis discussions are planned this week, focusing on the contentious federal budget due for adoption on November 14. With Lindner's demands clashing with the goals of the Greens and SPD, the outcome of these negotiations could determine the coalition's survival ahead of upcoming elections.
Germany's coalition government faces a crisis as FDP leader Christian Lindner demands a fundamental policy shift, which the SPD and Greens reject. A coalition committee meeting is scheduled for Wednesday to address the escalating tensions, with potential implications for future elections and government stability. If the FDP exits, Chancellor Scholz may have to consider a minority government or early elections.
Infighting within Germany's three-party coalition intensified as officials criticized Finance Minister Christian Lindner's recent economic proposals. Lindner, leader of the FDP, called for tax cuts and a more gradual approach to emissions reductions, sparking backlash from his Social Democratic and Green partners.
Germany's coalition government faces a crisis over the 2025 budget, with Finance Minister Christian Lindner's economic turnaround paper provoking tensions among the SPD, Greens, and FDP. As early elections become a possibility, the SPD's leadership hints at a potential shift in strategy amid poor poll ratings. Meanwhile, Lindner's proposals align closely with CDU/CSU interests, raising questions about future alliances.
German Finance Minister Christian Lindner's leaked policy paper has sparked tensions within the red-green-yellow coalition, proposing controversial measures like scrapping climate targets and reducing asylum benefits. While the SPD and Greens have responded cautiously, the CDU/CSU calls for new elections, viewing the paper as a "divorce certificate" for the coalition. Lindner insists the focus should be on advancing Germany's economic policy rather than preserving the coalition.
Christian Lindner
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