NEW: Germany's planned 25% crypto tax would reportedly grandfather existing holdings, with the new regime applying only to assets acquired after Dec. 31, 2026.
Automatic tax withholding by crypto service providers would begin in 2028, according to a Finance Ministry draft seen by WELT.
>Be German senior software engineer in 2026
>Wake up in 36°C apartment
>No AC because bad for climate and electricity costs 35 to 40 cents per kWh
>Decide to drive to work
>Fuel above €2 per liter for months
>Take train instead
>Train late
>Long-distance train punctuality at 58.7%
>Finally arrive at your €60k job
>Germany's tax wedge for average single worker is 49.3%
>Second highest in OECD
>Coffee machine chatter about social contributions heading toward 44.5% by 2028
>Someone says at least pension will be there
>Everyone laughs
>Check crypto
>It's down
>Government still removes one-year tax exemption on crypto
>DAC8 helpfully reports it to the Finanzamt
>Buy coke zero
>ALARM, sugar tax pending! Ze Little treat waz detected!
>Try paying €10,001 in cash
>Illegal from 2027
>Non-EU bank account illegal from 2027
>Digital euro and Digital ID coming soon
>Open news
>Fertility down to 1.32
>One quarter of Germany will be at least 67 by 2035
>Don't worry, the remaining wagies will cover everything
>Migration policy counts arrivals before tax contributions
>BKA says non-German suspects are majority of violent crime suspects
>Policy debate immediately becomes impossible
>Take train home
>Delayed again
>Read businesses spend €64 billion per year on federal bureaucracy
>Government deficit hits €71.3 billion in six months
>Europe's economic engine
>mfw
China ha encontrado un atajo para colarse en Europa sin pasar por sus aranceles.
Se llama Marruecos.
A las afueras de Tánger, donde hace un año solo pastaban ovejas, ya hay una ciudad industrial china de 500 hectáreas. Más de 40 empresas instaladas, 4.000 millones de dólares prometidos, 22.000 empleos en marcha.
El dato que pocos conocen: Marruecos concentra hasta el 80% de las reservas mundiales de fosfato, la materia prima clave para las baterías de litio-ferrofosfato que llevan cada vez más coches eléctricos.
Añade salarios bajos, más de 50 tratados de libre comercio (incluidos los de EEUU y la UE) y unos kilómetros de distancia hasta el Estrecho.
El resultado: fabricar en Marruecos y vender en Europa como si el producto fuera marroquí.
Bruselas ya lo ha pillado con las manos en la masa. El año pasado descubrió que unas ruedas de aluminio "made in Morocco" llevaban subsidios de Pekín por debajo.
El comisario europeo de Comercio lo resumió así: se está convirtiendo en un problema muy grave para la economía europea.
Lo más incómodo del caso es la posición de Rabat.
Necesita a China para diversificar su economía.
Pero necesita todavía más a Europa: más de un tercio de sus exportaciones van ahí.
Está jugando a dos bandas y de momento le está saliendo bien.
¿Hasta cuándo aguanta Bruselas mirando para otro lado mientras se redibuja media cadena industrial del coche eléctrico a un tiro de piedra de España?
This is brutal — the EU is forcing banks outside the EU to stop providing core banking services to EU residents, unless those banks set up a licensed branch inside the EU.
Note that what matters is your residence, not your passport — an EU citizen who is tax resident elsewhere is not affected.
If you want to avoid trouble opening an account with any non-EU bank in the future, I recommend securing residency outside the EU (we'll gladly help with Paraguay, Uruguay or Panama).
As an EU resident, you may already run into problems opening a bank account outside the EU from next year.
EU Directive 2024/1619 ("CRD VI") introduces a new Article 21c. From 11 January 2027, it prohibits banks established outside the EU from providing core banking services — including deposit-taking — to clients established or situated in the European Union, unless the bank operates a licensed branch in the relevant member state.
@RadioGenoa Same stuff in Barcelona, barely any trace of the glorious old city left. It's all pakistani and chinese plus other magreb stuff repeating itself street after street. This is the result of a long chain of consequences though, not a direct cause-effect.
We finally figured out why 2,000-year-old Roman concrete survives in seawater while our modern concrete crumbles in decades. The Romans used "hot mixing" with lime clasts. When the concrete cracks and rainwater seeps in, it dissolves the lime, recrystallizes it into the cracks, and literally heals itself. We need to start building like this again.