Month: May 2020
Merkel calls for consideration and respect
The German Chancellor Angela Merkel has called for consideration and respect in view of the Corona situation: “We should be happy about everything that is now possible. Let us use it. But let us be considerate and respect the need to protect others.” The minimum…
Altmaier wants to speed up approvals
Central approval processes should be completed much faster than before. Federal Minister of Economics Peter Altmaier (CDU) has campaigned for this goal days before the decision regarding the federal government’s stimulus package. Altmaier said, “planning and approval procedures for important national or regional projects must…
Scheuer wants to support mobility and digitalization
Federal Transport Minister Scheuer wants to promote mobility through a 28 billion Euro package, especially concerning the digital infrastructure. For this alone, the Ministry of Transport would like to earmark 8.5 billion Euros. The Federal Government’s digital fund is to be increased by 3 billion…
Schäuble promotes climate, digitization and innovation
The President of the German Bundestag, Wolfgang Schäuble, has appealed to use the state stimulus package for climate, digitization, and innovation. He campaigned for a fundamental renewal of the economy. It is crucial to do the right thing, he pointed out. “We can’t just say:…
IW: At least 100 billion Euros for stimulus package required
According to a study by the Institute of the German Economy (IW), government has so far spent 287.5 billion additional Euros in the Corona crisis and recorded less revenue. Nevertheless, Michael Hüther, the director of the IW, advocated that the economic stimulus package, which will…
Walter-Borjans: no pre-determination as to candidate for Chancellor
The SPD co-chairman Walter-Borjans has denied that the party leadership has committed to a candidate for Chancellor. Instead, the party chairs will speak to stakeholders and candidates until autumn. A candidate for Chancellor will only be proposed after this process has been completed. The magazine…
Söder and Merkel are the most popular politicians
Bavaria’s Prime Minister Markus Söder (CSU) is still the most popular politician in the Federal Republic of Germany. According to an Insa survey, Söder scores 160 (plus 3) points. Insa conducts surveys every week. Chancellor Angela Merkel (CDU) follows in second place with 157 points….
Lufthansa board accepts EU requirements
There is agreement between the EU Commission and the Federal Government on the key points of the Lufthansa rescue. The airline is to waive a total of 24 take-off and landing rights in Frankfurt and Munich, as well as eight aircraft. The Lufthansa board has…
Bundestag votes to strengthen EU mission in Mali
The members of the Bundestag have approved the expansion of the deployment of German soldiers in Mali and the wider West African Sahel region with a large majority. In the future, up to 450 Bundeswehr soldiers can be deployed as part of the EUTM training…
Startups about to be supported
The Federal Ministry of Economics will start a funding program with a volume of 2 billion Euros for German startup companies in need. Venture capitalists will help startups through the state funding agency KfW. More than 100 venture capital funds have already been accredited by…
Klingbeil: “super rich” should continue to pay solidarity surcharge
The general secretary of the SPD, Lars Klingbeil, has spoken out against abolishing the solidarity surcharge for all taxpayers from July 1st. “For the top 10 percent, for the super-rich in this country, that would be an additional 10 billion Euros. We’d rather use this…
Healthy sideways movement in house prices
by Thorsten Koch The house price index EPX shows an growing trend. In April, prices for condominiums and single-family houses rose by 0.7 percent compared to March. There are no indications of price declines. Compared to April 2019, prices rose by as much as 11.6…
