Coalition Plans Billion-Loan Boost for Nursing Care Insurance - Germany’s €3.2B loan plan to stabilize long-term care insurance sparks backlash
Germany's coalition government has proposed a €3.2 billion loan to secure long-term care insurance contributions, drawing criticism from the Green Party. The Budget Committee is set to vote on the measure this Friday.
The loan, spearheaded by Finance Minister Christian Lindner, aims to prevent premium increases in 2026. It comes as an addition to the already allocated €1.5 billion. The Green Party has slammed the move, describing it as a 'massive, last-minute financial scramble'.
The loan, totaling €3.2 billion, is expected to stabilize long-term care insurance contributions. The Budget Committee's vote on Friday will determine its fate.
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