German politician, Vice Chancellor and Finance Minister since May 2025
Since late April 2026, Russia and Ukraine have been exchanging sustained drone and missile attacks that have killed civilians, damaged ports, hospitals and housing, and struck energy infrastructure on both sides. Overnight into 5 May, strikes have hit Ukrainian energy facilities and cities and Ukrainian forces have struck major Russian oil and industrial sites.
Germany's government has unveiled a broad package of reforms, including €10 billion in annual tax relief for lower-income earners, pension overhauls, tighter sick-leave rules, and reduced bureaucracy. The plan, financed by raising the top tax rate for high earners, aims to boost growth and competitiveness but faces mixed reactions from unions and business groups as it seeks Bundestag and Bundesrat approval.