Berlin 18 –12 –2009
Wolfgang Schäuble, Germany’s finance minister, has warned of a severe fiscal crackdown after the immediate effects of the economic crisis are over, and has said that combating a budget deficit in these times could not be done using old conventional means.
Experts have been sharply critical of the planned tax cut legislation by Germany’s coalition government of conservative CDU and [...] Continue Reading…
Three weeks of protracted negotiations between the CDU conservative party of the German Chancellor Angela Merkel and the liberal Free Democrats ended today with all the parties signing a coalition deal emphasizing tax cuts.
The moderate liberal-conservative coalition of Christian Democrats and Free Democrats: the very model of a modern centrist democracy, agreed on €24bn of tax cuts in an attempt to stimulate [...] Continue Reading…
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