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Economic news

German finance minister draws up 14 billion eur relief plan – Spiegel

08/08/2022

Less than a minute

2022.08.08 15:14

German finance minister draws up 14 billion eur relief plan - Spiegel
German Finance Minister Christian Lindner gives a statement in Berlin, Germany July 27, 2022. Michael Kappeler/Pool via REUTERS

BERLIN (Reuters) – German Finance Minister Christian Lindner plans a 10.1 billion euro ($10.29 billion) relief package to help taxpayers in 2023 which he is set to present next week, the Spiegel news weekly reported.

For 2024, further relief is planned with a volume of around 4 billion euros, the report said.

The package is set to include an increase in the amount people can earn tax-free and an increase in child benefit.

($1 = 0.9817 euros)

Source

08/08/2022

Less than a minute