Budget Dispute in Germany's Coalition over Intel Subsidies

Reported 22 days ago

Germany's ruling coalition faces a new budget dispute as the finance ministry argues that nearly 10 billion euros allocated for Intel's chip-making subsidies should be redirected to balance the budget, while the economy ministry advocates for careful use of those funds. The tension arises amid Intel's decision to pause construction at its German facilities, complicating efforts to address a 12 billion euro budget gap for 2025.

Source: YAHOO

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