Browsing Tag
Cuts
200 posts
Minister Defends “Bullshit” Remark Rejects Welfare Cuts
Germany’s Federal Minister for Social Affairs, Bärbel Bas, has defended her recent strong criticism of proposals to curtail…
Civil Service Cuts Plan Faces Union Backlash
The German Civil Service Federation has strongly reacted to a proposal from CDU General Secretary Carsten Linnemann to…
Employers Demand Social Security Spending Cuts
Germany’s leading employers’ association, Gesamtmetall, is urging the federal government to prevent further increases in social security contributions,…
Advisors Urge Wealthy to Back Welfare Cuts
A key advisory council to Germany’s Federal Ministry for Economic Affairs has urged Minister Katherina Reiche to advocate…
Union Leader Rules Out Welfare Cuts
The head of the German Trade Union Confederation (DGB), Yasmin Fahimi, maintains that the German social welfare system…
German Firms Boost Job Cuts Again
Recent data indicates a cooling trend in Germany’s labor market, with companies increasingly cautious about personnel planning. The…
Klüssendorf Warns Against Welfare Cuts
Ahead of a joint strategy meeting of the governing coalition’s parliamentary group leaderships scheduled for Thursday and Friday…
Commerzbank Nears Deal on Job Cuts
Commerzbank is reportedly nearing an agreement with employee representatives regarding the implementation of its strategic restructuring plan. Management…
Söder Proposes Billions in Spending Cuts
A significant austerity package has been proposed by Markus Söder, leader of the Christian Social Union (CSU) and…
Benefits Cuts Proposed for Jobless Germans
Leading figures within the CDU/CSU and SPD are signaling a potential shift in approach to Germany’s “Bürgergeld” –…
SPD Leaders Warn Merz Against Welfare Cuts
Leading figures within the Social Democratic Party (SPD) are cautioning Chancellor Friedrich Merz (CDU) against downplaying the strength…
SPD Demands Fair Cuts to National Budget
In ongoing discussions surrounding budgetary savings within the federal budget, Thorsten Rudolph, the SPD parliamentary group’s budget policy…
Powell Signals Rate Cuts Boosting US Stocks
U.S. equity markets experienced significant gains Friday, with the Dow Jones Industrial Average closing at 45,632 points, representing…
Aid Cuts Loom As Minister Cites Budget Constraints
Germany’s development aid faces reductions as the government implements austerity measures, prompting debate about prioritization and effectiveness. Development…
Greens Accuse Opposition of Tax Cuts For The Wealthy
Members of Germany’s Green Party are sharply criticizing the opposition CDU and its leadership, alleging policies favoring the…
Opposition Demands Cuts to Heat Pump Funding
A growing budgetary dispute is unfolding in Germany, with opposition parties demanding significant spending cuts as concerns mount…
Rail Cuts Family Discounts Quietly
Deutsche Bahn is undergoing personnel changes and facing continued criticism regarding the elimination of family reservations, while simultaneously…
Taxpayers’ Group Urges Cuts to Public Sector Jobs and Perks
The president of the German Taxpayers Association, Reiner Holznagel, has called on the federal and state governments to…
Defense Agency Backs Tax Cuts For Arms Industry
The President of the Federal Office for Equipment, Information Technology and In-Service Support of the German Armed Forces…
German Parties Oppose Welfare Benefit Cuts
Members of Germany’s governing coalition – the Social Democratic Party (SPD) and the Green Party – have publicly…
Expert Calls For Benefit Cuts To Save Pensions
A leading German economist, Veronika Grimm, has advocated for a reassessment of social security benefits in light of…
Minister Rejects Pension Cuts
The Federal Minister of Labor, Bärbel Bas, has firmly rejected any proposals to reduce the level of state…
Local Leaders Demand Welfare Cuts
Local government associations are expressing criticism regarding the federal government’s response to the growing deficits faced by municipalities…
Aid Group Slams Development Cuts
Significant cuts to development projects and humanitarian aid are drawing sharp criticism from Caritas International, a leading Catholic…
Aid Cuts Sting Development Minister
The German Federal Ministry for Economic Cooperation and Development expressed concern over recent budget reductions, highlighting the challenges…
Aid Cuts Hurt World Need
The Director for Germany at the UN World Food Programme (WFP), Martin Frick, has voiced strong criticism regarding…
Germany Cuts Energy CO2 Emissions
Germany has seen a significant reduction in energy-related carbon dioxide (CO2) emissions across various sectors of the economy…
Job Cuts Slow Down
German businesses continue to reduce headcount, although the rate of job cuts has slowed compared to the previous…
Job Cuts Loom at DB Cargo
Concerns are mounting over potential job losses within DB Cargo, Germany’s largest freight rail operator, as two consulting…
Aid Cuts Threaten Global Response
Concerns are mounting within the German parliament regarding potential cuts to humanitarian aid as lawmakers scrutinize the upcoming…
Qatar Threatens Gas Cuts Over EU Climate Rules
Qatar has reportedly warned European nations that it may halt natural gas deliveries if the European Union does…
Government Cuts Healthcare Funding Significantly
Germany’s state financing of healthcare expenditures decreased significantly in 2023, a shift largely attributed to the winding down…
Berlin Universities Face Cuts Risking Research
Berlin’s institutions of higher education face significant budget cuts totaling over €140 million for the 2025 fiscal year,…
Rail Cuts Loom Without Track Pricing Reform
Germany’s national rail operator, Deutsche Bahn (DB), is warning of potential service cuts unless a reform of track…
Aid Cuts Draw Red Cross Fury
The German Red Cross (DRK) has voiced sharp criticism regarding proposed cuts to humanitarian aid measures. Christoph Johnen,…
Daimler Truck Presses On With Job Cuts
Daimler Truck’s Chairwoman, Karin Radström, is maintaining her plans for workforce reductions despite significant opposition from the company’s…
Charité Facing Study Spot Cuts
Berlin’s Charité, a renowned university hospital, is facing significant cuts to its study places across several key academic…
MHP Announces Job Cuts
MHP, the Porsche subsidiary specializing in IT consulting, is implementing workforce reductions as part of a broader company…
Mammography Screening Cuts Breast Cancer Deaths
A long-standing mammography screening program for women aged 50 to 69 is demonstrably reducing breast cancer mortality rates…
AOK Opposes Nursing Care Cuts
The head of the AOK Federal Association, Carola Reimann, has voiced strong opposition to potential benefit cuts within…
Aid Cuts Threaten Children’s Future
Children’s rights organization Terre des Hommes has voiced criticism of the German government’s disproportionate focus on military spending…
Aid Group Condemns Development Fund Cuts
Misereor Condemns Global Development Aid Cuts The Catholic aid organization Misereor has strongly criticized the worldwide reduction of…
Aid Cuts Threaten Vital Global Missions
Despite significant budget cuts impacting Germany’s development cooperation, the Federal Ministry for Economic Cooperation and Development aims to…
NASA’s Moon and Mars Plans in Jeopardy as Trump’s Budget Cuts Bite
NASA’s Interim Chief Janet Petro Defends Trump’s Space Budget Plans NASA’s interim chief, Janet Petro, has defended the…
Cuts in Aid Could Undo Global Progress, NGOs Warn
As the German government prepares to make a decision on its federal budget on Tuesday, a coalition of…
Abandoning Emissions Cuts, Targeting the Rich for Climate Levy
In a significant shift in the party’s climate policy, the Green party’s leadership is abandoning its restraint in…
Fed’s Rate Cut Outlook Sends US Stock Market into a Tizzy – Two Cuts Expected in 2023?
The US stock markets showed a mixed performance on Wednesday, with the Dow Jones Industrial Average closing at…
RETIREMENT REVOLT: SPD Leader Exposes CDU’s “Pension Cuts” Plan!
A senior Social Democratic Party (SPD) official has refuted the comments made by the German Federal Minister of…
Left Party Pushes for VAT Cuts on Essentials
German lawmakers’ push for tax cuts on essential goods and public transport amid rising costs The Left Party…
Zelensky’s Warning: US Aid Cuts Could ‘Burst the Security of Any Country’
Ukraine’s President Warns of Grave Consequences if US Aid is Cut or Stopped In an interview with German…
VW’s Secret: Only 1,300 Severance Deals, Not 20,000 Job Cuts as Claimed?
Volkswagen’s Average Severance Package Lags Behind Maximum Sum, Report Says A recent report by the German news magazine…
Job Market Stabilizes, Rate Cuts on the Backburner?
US Job Market Remains Robust, Unemployment Rate Stabilizes at 4.2% The US Labor Department announced on Friday that…
States to Pay the Price for Tax Cuts?
Germany’s Minister-President Warns Against Federal Tax Cuts at the Expense of States Thuringia’s Minister-President, Mario Voigt of the…
Corporate Tax Cuts Won’t Save the Economy, But a Step Back in Civilization is Real
A top union official has expressed skepticism over the German government’s plan to reduce the corporate tax burden,…
‘Who Orders, Must Also Pay’ – States and Municipalities Demand Federal Government Bear the Cost of Commuter Allowance and Value-Added Tax Cuts
Germany’s Federal Government Faces Opposition Over Tax Cuts and Commuter Allowance The German federal government’s plans to increase…
LIDL’S SHOCKER: 35% Price Cuts Coming, Aldi in Trouble?
German discount retailer Lidl is set to significantly lower its prices, with individual items expected to be up…
IW Demands Radical Cuts to Avoid Contribution Hikes
IW Calls for Performance Cuts in Germany’s Statutory Health Insurance to Avoid Premium Hikes in 2026 The German…
Economist Sounds Alarm for Cost Cuts in Long-Term Care
Economist Warns of Insurance Premium Hikes, Calls for Cost Cuts in Healthcare A leading economist, Martin Werding, has…
Administration Expert Slams Job Cuts Plans by Schwarz-Rot Coalition
Jörg Bogumil, an expert in administration, criticizes the plans of the new federal government to reduce a certain…
More Investments or Budget Cuts?
Federal Finance Minister Lars Klingbeil (SPD) has announced that he will bring a budget draft to the Bundestag…
Ford in Cologne hit by Strike Call over Job Cuts and Management Criticisms
The IG Metall has called for a strike at the Ford works in Cologne. The work stoppage is…
Minister Tightens Sanctions, Rejects Benefit Cuts Amidst Job Participation Push
The new Labor and Social Affairs Minister, Bärbel Bas, plans to “tighten” the sanctions in the Basic Security…
Berlin’s Cultural Senator Steps Down Over Budget Cuts, Citing Closure of Key Institutions
Berlin’s Cultural Senator Joe Chialo (CDU) Resigns. “Today, I have asked the Governing Mayor for the dismissal from…
WFP Warns of Catastrophic Consequences Due to Severe Aid Cuts
The World Food Programme (WFP) is concerned about the potential devastating consequences of cuts to humanitarian aid. The…
Job Cuts Slow Down Slightly in Germany, but Uncertainty Lingers
German companies continue to reduce jobs, albeit at a slower rate than in the previous month. The employment…
CDU Representative Announces Shocking Cuts in Health, Pensions and Care
In a podcast of the series Table Today, Thorsten Frei, the parliamentary leader of the CDU, announces cuts…
ECB Cuts Rates Again Amidst Global Economic Uncertainty
The ECB’s decision comes only a few weeks after the controversial “Day of Liberation” declared by US President…
Frontex Threatens Greece with Funding Cuts Over Alleged Human Rights Violations in Immigration
The European Union’s border control agency, Frontex, announced on Tuesday that it is investigating the Greek government for…
Cuts Coming as US Pulls the Plug on Funding
The World Health Organization (WHO) is planning to cut its annual budget by over 20 percent and reduce…
BREAKING: Habeck’s Heat Law on the Brink of Collapse as Budget Cuts Loom
Coalition Talks Reveal Potential Reversal of Building Energy Act Negotiators from the SPD and CDU/CSU have reportedly proposed…
RUBLE REVOLT: Deflation Storm Brews in Russia as Economists Warn of “Perfect Storm” of Price Cuts!
Russian Experts Predict End of Inflation and Onset of Deflation in Coming Months Experts interviewed by the Russian…
Bankers Beware: Swiss Uprising Cuts Salaries in Half!
The Council of States has taken a notable decision in the ongoing processing of the Credit Suisse crisis,…
How US Spy Plane Cuts Left Ukraine Blind and Bleeding in the War
A recent disruption in the sharing of US intelligence data with Ukraine has significantly weakened Kiev’s defense capabilities,…
US Cuts Off Ukraine’s Long-Range Attack Lifeline
The US has reportedly halted the provision of necessary data to Ukraine for the use of HIMARS rocket…
Experts Demand Massive Defense Spending and Pension Cuts
Economic Expert Monika Schnitzer Provides Details on Proposed ‘Defense Fund’ Monika Schnitzer, the head of the economic experts,…
Can Bureaucracy Cuts Save the Day?
A recent survey by the ifo-Institute among German industrial companies has added to the negative news of the…
Bonuses in Jeopardy as CEO Pushes for Cost Cuts
Audi Announces Plans to Review Profit-Sharing for Employees Amid Cost-Cutting Efforts Audi, the German automaker, has announced plans…
BOMBSHELL: Israel Cuts Off Lifeline to Gaza as Hostage Crisis Escalates
Israel Halts Humanitarian Aid to Gaza Strip Following Breakdown in Ceasefire Talks Israel’s Prime Minister Benjamin Netanyahu announced…
Lederer’s Scathing Critique of Senate’s Budget Cuts
Berlin’s Former Cultural Senator Lederer Criticizes Senate’s Cultural Policy For the first time, Berlin’s former Cultural Senator Klaus…
CDU Politicians Demand Drastic Cuts Amidst Financial Crisis
In the face of the strained financial situation and the upcoming ruling on the solidarity surcharge, CDU politicians…
Metal Employers Blast New Military Fund and Call for Tax Cuts and Administrative Reforms
A German labor union chief has expressed skepticism over a proposal to establish a new federal special fund…
BREAKING: German Navy Chief Unleashes Sabotage Shocker: “East Sea Cable Cuts Are NOT Accidents
The Inspector of the German Navy, Vice Admiral Jan Christian Kaack, has described the frequent damage to underwater…
8 Million Francs in Cuts, 50 Jobs Axed and a Beloved Magazine Bites the Dust
The grey morning in Zurich had a somber atmosphere, as if the city itself was tired of everything.…
Iran’s Shocking 180: Loves US Cuts in Foreign Aid, Seeks Trump’s Nuke Deal
The measures announced by US President Donald Trump to freeze funding for foreign aid and overhaul or disband…
FDP Demands Draconian Cuts in Development Aid for Countries that Refuse to Repatriate Citizens
The FDP in the German Bundestag has welcomed the Union’s migration plans, but at the same time, they…
‘Insurance for All, Not Cuts for the Poor’
Jan van Aken, the leader of the Linken party, is calling for a shift in the debate over…
FDP Leader Calls for BOMBSHELL Agency Cuts!
The leader of the Free Democratic Party (FDP), Christian Lindner, has called for a reduction in the size…
Bank Blacklist: Volksbank Cuts Ties with AfD, a New Era of Political Censorship?
A local branch of the AfD has reported on the news service X that the Volksbank Düsseldorf Neuss…
Leverkusen Stuns Mainz, Cuts Bayern’s Lead to a Single Point!
Bayer Leverkusen’s 1-0 victory over 1. FSV Mainz 05 on the 17th matchday of the Bundesliga has temporarily…
BUDGET BOMBSHELL: Coalition’s Secret Plans for Cuts and Savings Revealed!
After the rapid agreement on the budget’s revision, the coalition negotiators of the FPÖ and ÖVP are now…
GAS CHAOS: Europe’s $10 Billion Price Shock Looms as Ukraine Cuts Off Gas Tap
The European Union’s gas market is once again on the brink of a crisis, with the potential for…
Social Cuts on the Horizon?
Economist Veronika Grimm has demanded from the new federal government to stop the increase of labor-related costs through…
Up to €3,500 a Year in Cuts!
CDU to partially relieve taxpayers, calculations show. According to internal example calculations of the CDU, reported by the…
Germany’s Lifeline Against Sick Leave Pay Cuts
German Labor Minister Hubertus Heil (SPD) has rejected the proposal by Allianz CEO Oliver Bäte to stop paying…
Austrian Government’s Hidden Cuts Exposed!
After the breakdown of coalition talks with the ÖVP, the SPÖ has expressed disappointment. “We were willing to…
EU’s Energy Security in Jeopardy as Ukraine Cuts Off Russian Gas Transit
Russia Cuts Off Gas Supplies to EU via Ukraine on New Year’s Day, Ending Decades of Transit Deal…
Ukraine Cuts Off Russian Supply, Europe Bracing for Price Shock
EU Faces Gas Crisis as Ukraine Halts Russian Gas Transit From January 1, 2025, Ukraine will cease to…
BOMBSHELL: Global Aid Cuts to Spark Famine and Chaos, Experts Warn of Catastrophic Consequences
The World Hunger Relief has called for increased willingness to negotiate to solve international conflicts by 2025, warning…
‘No More Job Cuts’ a Lie?
Schaeffler’s CEO Rules Out Further Job Cuts, for Now The automotive supplier Schaeffler has not ruled out a…
BOMBSHELL: German Charity Warns of Crippling Cuts in Social Sector – What’s Next for the Vulnerable?
Caritas President Eva Maria Welskop-Deffaa warned of cuts in the social sector. “The political promise that our social…