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income

Are you in Germany's richest 1 percent?
Money

Are you in Germany's richest 1 percent?

An economist has determined how much a person must make on average to be considered part of the wealthiest one percent in various countries, and in Germany the amount is not as high as you might think.
Charity finds most Germans ever in poverty
poverty

Charity finds most Germans ever in poverty

Poverty levels in Germany have reached an all-time high, with 15.5 percent of the population – or 12.5 million people - affected. Single parents and unemployed people were the hardest hit, according to a report from a welfare association.
Workers in Germany pay record tax sum
Taxes

Workers in Germany pay record tax sum

Workers in Germany are paying a record amount of tax into government coffers, according to figures published on Monday. Those on an average wage of €40,000 pay almost twice as much tax in Germany as they would in the United States or Australia.
Germany's Motown is country's richest city
gdp

Germany's Motown is country's richest city

Industrial city Wolfsburg is home to Germany's most affluent residents, figures released on Monday revealed. Based around Volkswagen's headquarters, the auto industry is behind its unusually high standard of living.
Study: foreigners rarely high earners
Money

Study: foreigners rarely high earners

Germany's highest earners are overwhelmingly German nationals, according to an analysis by the national central bank which found that wealth is otherwise very unevenly distributed in Europe's top economy.
Most would increase tax on the wealthy
Taxes

Most would increase tax on the wealthy

Almost three quarters of Germans would like to see higher taxes on top earners, a study suggested on Friday. Those who said they were opposed were largely those taking home more than €5,000 a month.
Steinbrück: Merkel gets 'women's bonus' in polls
women

Steinbrück: Merkel gets 'women's bonus' in polls

Peer Steinbrück, SPD challenger to Angela Merkel in next year's election, has committed a second PR blunder in two days. After complaining that chancellors get paid too little, he said Merkel's popularity was down to a "women's bonus."
Steinbrück pressured over law firm payments
income

Steinbrück pressured over law firm payments

Peer Steinbrück, the Social Democratic Party's candidate for the chancellorship, is under pressure over official payments made to a law firm while he was finance minister. He later gave a speech to the firm for a fee of €15,000.