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The coalition has made the first adjustments to the pension system. The pension level is to be stabilized at 48% of average income by 2031, and the mothers' pension has been expanded. In addition, working in retirement has been made more attractive. From 2027, this is to be financed not only by billions in tax revenue but also by an increase in the pension contribution ... read more
August – the republic is on holiday and even the Chancellor is taking a few days off. His deputy, who does not belong to the same party, is using this opportunity to quickly push through a few laws that will benefit his clientele, but not the German SMEs, which represent by far the largest number of companies (more than 90%) and will have to bear ... read more
At the end of July, Europe is at least at the height of its summer sluggishness. There are hardly any exhibition openings left. Those intended to attract tourists opened long ago. Galleries often close for at least 14 days to enjoy the summer and use the time to recover from near-sales. Strength is needed in these times, when economic disruptions are no longer passing by ... read more
Finally, a company has once again dared to buy and display art in a way that attracts public attention. Deutsche Telekom has purchased one of my favourite elephants by Miguel Barcelo and, with the help of the Art and Culture Foundation in Bonn, has installed it in front of its administration building. Now, visitors can admire Barcelo's work right next to Beethoven's birthplace. And if ... read more
Thomas Baumgärtel, also known as the Banana Sprayer, was already allowed to hang a large-scale portrait of the current Tsar of Russia in the shape of a banana with the inscription PUT IN PRISON in Cologne in 2022. The Tsar's foreign minister is a true master of twisting the truth and a real emetic when it comes to diplomatic efforts. There is no arrest warrant ... read more
Before we write about others, here are a few words about us: We are delighted that Stephanie Oeing has now been appointed on July 1 as Head of Fine Art Expertise, empowering our colleagues and customers with the expertise that is essential for our highly specialised niche market. Also on 1 July, Petter Börgers was granted power of attorney for Zilkens Fine Art Insurance Broker ... read more