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Altmaier, Seehofer: markets should pass on VAT reduction
Federal Minister of Economics Peter Altmaier (CDU) is against a VAT reduction beyond 2020. If it were not for the reduction to expire, there might…
Oppermann: no changes in dealing with the AfD
The Vice President of the German Bundestag, Thomas Oppermann (SPD), is unsurprised by the decision of the Federal Constitutional Court on the AfD. “The Federal…
Altmaier: the economy should grow in the second half of the year
Federal Minister of Economics Peter Altmaier (CDU) hopes for a rapid and significant upswing in the German economy: “I expect that we can turn the…
Exports decreased by 24 percent in April
As a result of the Corona crisis, exports from Germany to other countries decreased by 24 percent in April, compared to March. Compared to April…
European Union might review trade policy
In the face of the Corona crisis, the EU wants to try and find a new balance in trade policy between a Europe that is…
Key sector production slumped a quarter this April
Production in the industrial, construction and energy supply sectors fell by 17.9 percent in April, compared to March. According to data from the Federal Statistical…
Licensed trade rose in the first quarter
Revenue generated by the so-called licensed trades rose by 3.8 percent in the first quarter of 2020 compared to the comparable period in 2019. According…
Tourism industry with fewer overnight stays
In April, the tourism industry in Germany recorded 89.3 percent fewer overnight stays. According to the Federal Statistical Office, there were only 4.3 million overnight…
