Learn more

Germany’s Cabinet on Wednesday finalized the 2025 budget after weeks of wrangling, sending the €480.6 billion ($526 billion) package to parliament for approval. The budget has been the subject of weeks of tense negotiations within Chancellor Olaf Scholz’s fractious – and unpopular – three-party coalition. The €480.6 billion total is about €8 billion less than this year. The budget now must be passed by lawmakers, likely in a vote to be held in November. The initial framework proposal, which was agreed by the coalition leaders earlier this month, came under fire by critics who said it did not d…

cuu