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Germany Sees €52 Billion Tax Hole as Iran War Hits Economy
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Germany Sees €52 Billion Tax Hole as Iran War Hits Economy

Bloomberg Markets · May 7, 2026, 1:17 PM · Also reported by 1 other source

Germany expects federal tax revenue to plummet by more than €50 billion ($58.9 billion) through 2030 compared to estimates in October as the government laid the blame with US President Donald Trump’s war in Iran.

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