Financial Times: Under the new rules outlined on Thursday, a family with two children earning €60,000 a year will receive more than €600 in annual tax relief. The relief will be funded by raising the top marginal tax rate for the highest earners from 45 per cent to 47 per cent.
Merz’s Christian Democrats and their Social Democrat coalition partners also agreed a series of labour market reforms, including longer Sunday opening hours for cafés and bakeries, expanded tax incentives for employees working on public holidays and allowing companies to hire workers on fixed-term contracts of up to eight years…