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News about #Finances

The Saxon state parliament plans to adopt the double budget on Thursday evening. / Photo: Sebastian Kahnert/dpa

Saxon state parliament discusses double budget

"Habemus budget" was the headline in the Saxon media when the agreement for the double budget was finalized. In fact, the CDU, SPD, Greens and Left Party created white smoke. Now the budget is ready to be voted on.

The Saxon state parliament had a controversial debate about the double budget. / Photo: Sebastian Kahnert/dpa

State parliament debates controversial budget

There is only one thing that unites the parliamentary groups in the Saxon state parliament during the budget debate: concern for the future. Otherwise, they are engaged in a verbal exchange of blows.

Seven vocational schools in Bavaria receive EU and state funding for modernization. (Archive image) / Photo: Robert Michael/dpa

Seven more Saxon schools receive funding

New heating systems, modern workshops, digital specialist cabinets - seven vocational schools in structurally weak regions of Saxony receive funding from the EU and the Free State.

The Saxon BSW makes approval of the budget dependent on changes (archive image). / Photo: Sebastian Willnow/dpa

BSW in Saxony presents package for change

The Sahra Wagenknecht alliance in Saxony only wants to agree to the double budget if the minority government makes significant changes. At its core, the BSW is concerned with investments.

A debate has flared up again about the Saxon civil servants' pension fund (symbolic image). / Photo: Karl-Josef Hildenbrand/dpa

Renewed debate on Saxon generation fund

The Saxon generation fund is intended to cushion the state's future pension burdens for its civil servants. The government now wants to reduce the allocations in order to plug holes in the budget.

A debate has flared up again about the Saxon civil servants' pension fund (symbolic image). / Photo: Karl-Josef Hildenbrand/dpa

Renewed debate on Saxon generation fund

The Saxon generation fund is intended to cushion the state's future pension burdens for its civil servants. The government now wants to reduce the allocations in order to plug holes in the budget.

A debate has flared up again about the Saxon civil servants' pension fund (symbolic image). / Photo: Karl-Josef Hildenbrand/dpa

Renewed debate on Saxon generation fund

The Saxon generation fund is intended to cushion the state's future pension burdens for its civil servants. The government now wants to reduce the allocations in order to plug holes in the budget.

Finance Minister Christian Piwarz sees a precision landing for the 2024 budget. (Archive image) / Photo: Robert Michael/dpa

Saxony closes 2024 budget with surplus

The finance minister speaks of a precision landing. Despite falling tax revenues and rising personnel expenses, Saxony will have money left over in the state coffers in 2024.

In 2024, the state inherited less often, but the income from so-called fiscal inheritances in Saxony increased. (Symbolic image) / Photo: Jens Büttner/zb/dpa

More income from inheritances for the country

If heirs turn down an inheritance or no beneficiary can be found, the inheritance falls to the state by law. It takes over everything: buildings, cars or household effects - and above all has work to do.

Resistance to planned cuts to Dresden's cultural institutions. (Archive photo) / Photo: Sebastian Kahnert/dpa

Dresden culture petition against massive cuts

Dresden also has to make savings. The list of cuts presented to the city council also includes massive cuts in the cultural sector. Alongside understanding for the budget situation, there is resistance.

Cabinet confirms regulations on provisional budgeting and management (illustration) / Photo: Monika Skolimowska/dpa-Zentralbild/dpa

Cabinet confirms provisional budget management

In a difficult financial situation, the Free State of Bavaria is entering the new year without a new double budget due to the ongoing formation of a government in the wake of the state elections. However, it is still possible to pay for things that cannot be postponed.

According to tax estimates, Saxony will have to make do with significantly less money. (Symbolic image) / Photo: Silas Stein/dpa

Tax estimate: further loss of revenue for Saxony

The tax estimate is an indicator of revenue development. In view of the economic situation, it was already clear in May that the Free State would have to make do with less money - the situation is different for the municipalities.

A sign reading "Saxon State Ministry for Science, Culture and Tourism" is displayed at the entrance to the ministry building in the government district / Photo: Robert Michael/dpa

Budget freeze to have little impact

The budget freeze imposed by the Saxon Ministry of Finance should have as little impact as possible on science and research. The consequences cannot yet be quantified in concrete terms, said ministry spokesperson Falk Lange on Monday when asked. "However, there are also large areas that are not affe ..