Merz Promises Tax Relief of Up to 600 Euros for Average Households

Publication date: 2026-07-02
Leaders of the Union and SPD have agreed on a series of measures to alleviate the financial burden on average households in Germany. Chancellor Merz expressed satisfaction with the results achieved and presented the key points of the agreement. The tax relief of up to 600 euros is set to particularly benefit families and lower-income households. This is part of a broader plan to strengthen economic stability and support citizens amid rising living costs. Further details on the measures will be provided in a live ticker.

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