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Normale Ansicht

Germany Offers €10 Billion Tax Relief as Reforms Move Ahead

02. Juli 2026 um 00:09
Chancellor Friedrich Merz’s coalition agreed on €10 billion ($11.4 billion) in annual income tax relief and a range of measures to bolster Germany’s labor market as part of a set of reforms designed to revive economic growth and stabilize the budget.

Markus Söder, Friedrich Merz, Bärbel Bas and Lars Klingbeil during a news conference in Berlin, on July 2. Photographer: Michael Kappeler/picture alliance/Getty Images
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