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The Social Association of Germany (SoVD) is calling for a change to planned reform projects. Specific details of the requested course correction are not mentioned in the provided text.
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The Ukrainian Prosecutor General has resigned due to corruption allegations to prevent political instrumentalization of his office. The anti-corruption authority Nabu and a special prosecutor's office had previously uncovered a money laundering network allegedly led by an individual from the Prosecutor General's office.
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German budget plans for the coming year include expenditures of around 555 billion euros, resulting in new debt exceeding 200 billion euros. Budget deliberations in the Bundestag are ongoing until Friday.
GovernmentCompanies & MarketsHousing & Urban Development
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Spain has launched a new state housing portal, CASA 47, offering 800 rental apartments with income-dependent rents. Rents are capped at 30 percent of income, with initial contracts lasting 14 years.
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Two-thirds of Germans are looking worriedly at the election results in Saxony-Anhalt. Almost half of those surveyed believe AfD top candidate Ulrich Siegmund should be elected Minister-President. Three-quarters believe a critical stance towards the federal government's social reforms is deserved.
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Goldman Sachs experts anticipate oil prices could rise to $120 per barrel. This forecast is due to the tense situation in the Strait of Hormuz, which has reduced shipping traffic to its lowest point since May.
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The governing parties CDU and SPD are grappling with a strategy following the election results in Saxony-Anhalt. The CDU leadership is attempting to deflect discussions about Chancellor Friedrich Merz's future, while the SPD is struggling with its planned social reforms and facing calls for personnel changes.
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Politician Bas described rhetoric suggesting employees must work more and longer, and be less sick, as harmful and unsettling. Chancellor Merz had previously made similar statements, but was not named by Bas.
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Germany's AAA credit rating is under pressure due to rising government debt. Bundesbank President Nagel warns of a challenge for the government to maintain this status. Interest rates on federal bonds have increased, and experts see the rating endangered by defense spending.