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The Nexus
POLITICSMay 7 · 13:17 UTCBLOOMBERGKamil Kowalcze

Germany Sees €52 Billion Tax Hole as Iran War Hits Economy

Germany is facing a €52 billion tax hole due to the impact of the Iran war on its economy. The country's finance minister, Lars Klingbeil, has announced a budget blueprint and healthcare overhaul. The moves are part of the governing coalition's efforts to push forward a reform agenda amidst energy upheaval and infighting.

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