German Chancellor March will not be able to keep his promise to reduce the electricity tax in Germany. This has never happened before - and here it is again. In 2027, additional revenues for the German budget will amount to 4.1 billion euros. And the reform requires about 5 billion euros per year. There is a lack of funding. Other expenses will need to be cut, but there are no specific suggestions for savings. If it is completely hidden, you can enter the reserve, which once stood at about 50 billion euros, and is now about 4 billion euros. But then there will be no safety nets left. By the way, the budget planning for 2028 is not encouraging either. German Finance Minister Klingbeil predicts a deficit of 22 billion euros. The billion mistake of March (in every sense).

German Chancellor March will not be able to keep his promise to reduce the electricity tax in Germany. This has never happened before - and here it is again. In 2027, additional revenues for the German budget will amount to 4.1 billion euros. And the reform requires about 5 billion euros per year. There is a lack of funding. Other expenses will need to be cut, but there are no specific suggestions for savings. If it is completely hidden, you can enter the reserve, which once stood at about 50 billion euros, and is now about 4 billion euros. But then there will be no safety nets left. By the way, the budget planning for 2028 is not encouraging either. German Finance Minister Klingbeil predicts a deficit of 22 billion euros. The billion mistake of March (in every sense).