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Normale Ansicht

Germany Sees €52 Billion Tax Hole as Iran War Hits Economy

07. Mai 2026 um 14:17
Germany expects federal tax revenue to plummet by more than €50 billion ($58.9 billion) through 2030 compared to estimates in October as the government laid the blame with US President Donald Trump’s war in Iran.

Lars Klingbeil, Germany's finance minister, during a news conference on the budget in Berlin, Germany, on Wednesday, April 29, 2026. Germany agreed on a budget blueprint and prepared a healthcare overhaul as the governing coalition seeks to push forward a reform agenda in the face of energy upheaval and persistent infighting in Berlin.

Europe Needs Bigger Banks, Cross-Border M&A, Top Official Says

Europe needs bigger banks and more cross-border mergers, a top euro-area official said when asked about UniCredit SpA’s potential acquisition of Commerzbank AG.

Kyriakos Pierrakakis, Greece's finance minister, at a Eurogroup meeting in Brussels, Belgium, on Monday, May 4, 2026. Europe is ready to respond if US President Donald Trump raises tariffs on cars and trucks from the European Union to 25%, according to Eurogroup President Kyriakos Pierrakakis.

Europe Needs Bigger Banks, Cross-Border M&A, Top Official Says

Europe needs bigger banks and more cross-border mergers, a top euro-area official said when asked about UniCredit SpA’s potential acquisition of Commerzbank AG.

Kyriakos Pierrakakis, Greece's finance minister, at a Eurogroup meeting in Brussels, Belgium, on Monday, May 4, 2026. Europe is ready to respond if US President Donald Trump raises tariffs on cars and trucks from the European Union to 25%, according to Eurogroup President Kyriakos Pierrakakis.

Germany Sounded Out Possible Commerzbank White Knights This Year

26. April 2026 um 12:18
Germany sounded out European lenders to defend Commerzbank AG against UniCredit SpA’s takeover bid earlier this year, according to people familiar with the matter.

The headquarters of Commerzbank AG seen from an observation platform in the Main Tower skyscraper in Frankfurt, Germany, on Monday, Nov. 4, 2024. Commerzbank�Chief Executive Officer�Bettina Orlopp�is seeking to unlock more capital to pay out or invest, as she makes the case for an independent bank in the face of a potential takeover by rival�UniCredit SpA. Photographer: Alex Kraus/Bloomberg

Germany Sounded Out Possible Commerzbank White Knights This Year

26. April 2026 um 12:18
Germany sounded out European lenders to defend Commerzbank AG against UniCredit SpA’s takeover bid earlier this year, according to people familiar with the matter.

The headquarters of Commerzbank AG seen from an observation platform in the Main Tower skyscraper in Frankfurt, Germany, on Monday, Nov. 4, 2024. Commerzbank�Chief Executive Officer�Bettina Orlopp�is seeking to unlock more capital to pay out or invest, as she makes the case for an independent bank in the face of a potential takeover by rival�UniCredit SpA. Photographer: Alex Kraus/Bloomberg
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