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Family Minister Claudia Bauer (ÖVP) plans to introduce a future fund with an initial balance of 500 euros for newborns in Austria starting in 2027, which allows tax-free savings until adulthood, but faces concerns from the Ministry of Finance and criticism from the opposition. (translated)

The renowned US economic newspaper "Wall Street Journal" praises Finance Minister Lars Klingbeil for his decision not to be photographed together with Russian Finance Minister Anton Siluanov at the G20 meeting in Asheville, and describes his criticism of Russia's invitation after the Ukraine conflict as "rightly angry." (translated)

Nächster Steuer-Wahnsinn: Wirtschaftsministerin Reiche konfrontiert Finanzminister Klingbeil mit der Realität… Der Vorwurf: Ergebnis von Klingbeils Steuerplan „ist eine inflationsbedingte heimliche Steuererhöhung“. Die Forderung: Es müsse „gezielte Entlastungen“ geben. Außerdem solle der Soli komplett abgeschafft, Spitzenverdiener ebenfalls entlastet werden. Die Antwort: „Eine Opposition in der Regierung wird am Ende allen schaden“ und Kanzler Merz hätte dem Steuerplan zugestimmt. Realität und der Bürger scheinen völlig irrelevant zu sein – diese Koalition hat leider schon lange fertig #Steuern #Inflation #Politik

The G20 finance ministers concluded their summit in the USA with a joint statement in which they demanded freedom and security of navigation through the Strait of Hormuz and emphasized the need to end ongoing conflicts, while the USA simultaneously advocated for loose regulations in the field of artificial intelligence. (translated)

A majority of Germans support the introduction of a sugar tax on soft drinks and sweets, with 55 percent of respondents in a Forsa survey in favor, particularly supporters of the Greens, SPD, and CDU/CSU, while Finance Minister Lars Klingbeil wants to provide clarity on the tax plans. (translated)

Gibt es wirklich kein einziges Regierungsmitglied, das uns nicht auf dem internationalen Parkett blamiert? Jetzt war Finanzminister Klingbeil beim G20-Finanzministertreffen und hat sich benommen wie ein bockiger kleiner Junge, weil der russische Finanzminister auch dabei war. Den quatschte er dann auch gleich mit seinem Ukraine-Kram voll und intrigierte noch dagegen, dass der Russe mit aufs "Familienfoto" kommt. https://t.co/6ibWLHUpN3 #G20 #Politik #Finanzen

Finance Minister Lars Klingbeil criticized the presence of Russian Finance Minister Anton Siluanov at the G20 meeting in the USA as an attempt at normalization and demanded a clear stance against the war in Ukraine, while the European states rejected a group photo without the Russian minister. (translated)

Federal Minister of Finance Lars Klingbeil criticized Russia's participation in the G20 finance ministers' meeting in the USA as irritating and demanded more clarity from the hosts in light of the Ukraine war, while European participants prevented a joint closing photo. (translated)

The Russian Finance Minister Anton Siluanov is attending the G-20 meeting in Asheville, North Carolina, for the first time since the beginning of the Ukraine war at the invitation of the USA, while access for journalists from the news agency Bloomberg was initially denied. (translated)