German coalition seals 2027 budget, electricity tax cut falls through
Germany's CDU, CSU and SPD have reached a 2027 budget compromise, Der Spiegel reports — but they could not agree on the lower electricity tax Chancellor Friedrich Merz was pushing for. The plastics tax is shelved for now, and the sugary drinks levy slips to January 2028.
- Original source: breakingthenews.net.
- The source published it on Nov 11, 2026 at 9:16 PM.
- No second outlet has reported it yet. Treat it as a single-source claim.
Germany's governing coalition has struck a deal on its 2027 budget, settling a stack of tax disputes — but the electricity tax cut Chancellor Friedrich Merz wanted is off the table. Der Spiegel reported the agreement on Wednesday, citing sources familiar with the talks.
Negotiators from the Christian Democratic Union, Christian Social Union and Social Democratic Party presented the results of their talks, according to those sources. The one item they could not close: a lower levy on electricity, a measure Merz had personally pushed for.
Two other tax plans got shuffled rather than scrapped. The plastics tax won't be introduced for now, while the levy on sugary drinks slips to January 2028.
The package now heads to a Budget Committee reconciliation meeting, and the sources expect it to be adopted by tomorrow night. After that, the Bundestag and Bundesrat still have to vote on the budget proposal at the end of November.
TopicsChristian Democratic Union · Christian Social Union · Social Democratic Party · Friedrich Merz · Der Spiegel · Bundestag · Bundesrat
Source: breakingthenews.net
Written by Paparazzi with AI. Not financial advice.
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