Cancelling a private pension insurance (Rentenversicherung) contract early carries steep hidden costs. Germany’s financial regulator BaFin studied the priciest quarter of pension insurance contracts. The priciest pension insurance contracts carry
Two Bundesrat committees want to reject planned 2027 Wohngeld cuts, warning up to 381,000 households could lose housing benefit entirely. The full Bundesrat votes September 25.
EU countries issued 3.9 million first residence permits in 2025. That is a 10.1% increase over 2024. Germany issued 605,292 first residence permits in 2025. That was the second-highest total
A European Council working group met on September 14, 2026. It discussed raising Schengen visa fees again. No decision has been made yet. What Does a Schengen Visa Cost Right
Germany’s homeownership rate fell to 43.5% in 2025. That is the lowest level in more than 20 years. Nearly three-quarters of Germans aged 25 to 45 now rent instead of own. Germany
The Left Party filed an inquiry with the German government on September 14, 2026. It asked how often authorities punish rent-gouging under German law. The answer will show how much
Tenants across Germany are losing water, gas, or electricity over their landlord’s unpaid bills. This happens even when the tenant is fully paid up on rent and service charges (Nebenkosten).
Germany’s federal health budget falls to €14.33 billion in 2027. That is down from €21.77 billion in 2026. The federal health budget cut totals roughly €7.43 billion. Most of it
Germany’s household electricity price hit 35.6 cents per kWh in Q2 2026. That was the highest household electricity price among G20 economies that quarter. Germany’s rate was more than double
Germany plans to raise the tobacco tax (Tabaksteuer) every year from 2027 to 2030. The increases could add up to €3.59 billion a year in extra revenue by 2030. Cigarette
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