Table.Briefings

Feature

Wirtschaftsministerin Katherina Reiche und Bundeskanzler Friedrich Merz

Budget 2025: Cuts to industrial decarbonization cause uncertainty

The Ministry of Economic Affairs has cut long-term funding for the decarbonization of industry in the draft budget. The climate action agreements are to continue, and funds are to be made available in the 2026 budget. However, observers doubt the new government's ambition.

By Nico Beckert

Debt: Tax reform could prevent collapse

The debt burden of local governments in China is so heavy that it threatens the stability of the entire economy. The Cologne Institute for Economic Research sees far-reaching reforms as the only way to prevent the system from collapsing

By Ning Wang