Thursday, 2 July 2026 Newsarchy UK live index
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German Economy

Merz unveils major German economic reform package including tax cuts

Merz unveils major German economic reform package including tax cuts

The German government is launching a comprehensive reform strategy to combat stagnation through tax relief, pension system adjustments, and reduced bureaucracy. The plan faces criticism from opposition leaders as the country navigates global trade pressures and high production costs.

World ·2 Jul 2026, 18:02 ·Leah Bennett 3 min read