The budget hole is getting bigger and bigger; according to the Federal Finance Minister's plans, a €172 billion shortfall will be made by 2029. Today, we explain what Lars Klingbeil (47, SPD) is banking on. Also: A landslide is believed to have been the cause of the train disaster in Baden-Württemberg. We explain how this could have happened.
With these five topics from Germany and the world, you are well informed for your Tuesday.
This is what happened: Federal Finance Minister Lars Klingbeil (47, SPD) has presented the draft budget for 2026 and the financial planning until 2029. The figures are even more dire than previously known: 172 billion euros are missing.
That's why it's important: The gaps must be plugged in order to comply with the debt brake enshrined in the Basic Law. However, Klingbeil is focusing less on austerity and more on increased economic growth and a reform of the debt brake.
Here's what's next: The draft is expected to be approved by the cabinet on Wednesday. Then it's the Bundestag's turn. A reform of the debt brake has been agreed upon in the coalition agreement, but whether it will come to fruition remains to be seen.
What happened: Three people were killed in a train accident in Baden-Württemberg, and numerous others were injured. The cause was presumably a landslide on an embankment.
Background: Landslides are natural disasters that are triggered by various factors such as heavy rain, earthquakes, or human intervention. As climate change accelerates extreme weather, they could become more common in the future – including in Germany.
Here's what's next: Experts emphasize the importance of early warning systems and weather forecasts. Structural measures such as greening and retaining walls can also prevent landslides.
This is what happened: Europe's economy is concerned about the customs agreement with the US: 15 percent import duties on many EU products will be mandatory in the future. Several industries are calling it a bad compromise that primarily benefits the United States.
This is why it's important: While the agreement prevents a trade war, it places a massive burden on EU exports. For numerous economic sectors, the deal means a competitive disadvantage and long-term losses.
Here's what's next: Negotiations on specific details are still ongoing, such as tariffs on wine and spirits or duty-free steel quotas. A joint statement is expected later this week.
This is what has happened: dress codes, confiscated cross necklaces, homophobia towards teachers – cases of religious bullying by Muslim youths, as recently happened in Hamburg, repeatedly lead to nationwide debates.
That's why it's important to ask: Are the attacks a widespread problem or isolated cases? The answer to this question may be crucial for social peace in Germany.
Here's what's next: The RND has spoken to teachers, counseling centers, and parents, and has also asked ministries across the country: How acute is the problem?
The point: For many young people, starting an apprenticeship is an important step. However, labor market researchers and industry associations predict that many positions will remain vacant this year.
Why it's important: Demographic change and the shortage of skilled workers are affecting more and more companies. The impact of a lack of young talent is evident in the retail sector, for example: The relevant association expects that 30 to 35 percent of apprenticeship positions will remain vacant by 2025.
Here's what's coming next: The Institute for Labor Market Research expects the proportion of unfilled positions to even decline slightly—but this is also due to the weakening economy. Businesses believe it's up to politicians to make starting an apprenticeship more attractive.
Have a good Tuesday. See you tomorrow,
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