Posted in Economy Politics

CDU, SPD the Greens make proposals for amended climate protection law

Federal Minister of Economics Peter Altmaier (CDU) believes it is possible that the climate protection law can be changed quickly. He wants to submit proposals to those responsible in the Federal Cabinet and possibly speak to the opposition, in addition, to ensure that the renewed…

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Posted in Economy Finance

Greens spokeswoman warns of a longer moratory of bankruptcy applications

Katja Keul, legal policy spokeswoman for the Green parliamentary group in the German Bundestag, has warned that a further suspension of the obligation to file for insolvency could endanger other market participants. Should the suspension to apply be extended beyond the end of April, this…

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Posted in Economy Finance

Heil specifies further financial aid plans for the cultural sector

Chancellor Angela Merkel (CDU) has promised cultural workers that they can continue to receive Corona financial aid from the Federal Government. Merkel’s Labor Minister Hubertus Heil (SPD) announced that if self-employed people, including artists, make small profits, they should not lose their insurance cover in…

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Posted in Economy Health

Oktoberfest canceled, Bayreuth Festival to take place

The Oktoberfest in Munich, after being skipped in 2020, will also be canceled in 2021, in view of the Corona pandemic, the Bavarian Prime Minister Markus Söder (CSU) has announced after a conversation with the Mayor of Munich, Reiter (SPD). There was no time for…

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Posted in Economy Health

Longer bankruptcy protection?

The Grand Coalition is debating whether to extend insolvency protection for commercial companies in view of the Corona pandemic. So far, the regulation applies until the end of April. The SPD would like a longer period of validity. A spokesman for the Union parties’ parliamentary…

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Posted in Economy Politics

Volkswagen reaches agreement with trade union

The employees of the car manufacturer Volkswagen will receive a Corona bonus of 1000 Euros each in June, as well as a salary increase of 2.3 percent from 2022. IG Metall and Volkswagen agreed on this. The collective agreement for 120,000 employees is valid for…

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Posted in Economy Politics

Merkel and Macron welcome Chinese climate targets

Chancellor Angela Merkel and French President Emmanuel Macron have welcomed the People’s Republic of China’s goals of achieving CO2 neutrality before 2060. In a digital conference with Chinese President Xi Jinping, Xi said, according to Chinese state television, that cooperation with Germany and France would…

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Posted in Economy

Altmaier expects a quick economic recovery

Federal Minister of Economics Peter Altmaier (CDU) assumes that the German economy will recover quickly after the end of the Corona pandemic. The situation is robust, he said, adding that the recovery will accelerate from the middle of the second quarter. Altmaier expects growth of…

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Posted in Economy Politics

Improvements for cyclists thanks to new traffic plan

The Federal Cabinet is working to ensure that Germany becomes a “cyclist country,” in the long run. Cycle paths are to be expanded in both urban and rural areas. Metropolises are to be connected by high-speed bike paths. Commuters, for example, could benefit from this….

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Posted in Economy

Companies are planning a significant number of new hires

The Ifo Institute in Munich has announced that companies in Germany are planning new hires despite the Corona pandemic. The industry sector in particular, and especially the electrical industry, would like to hire new staff. The service sector, especially logistics and IT companies, would also…

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Posted in Economy

One third of the labor force work from home

For a survey, the Ifo Institute in Munich asked how many employees in German companies do some or all of their work from home. In March, this was 32 percent. The institute estimates that over 50 percent of all employees could work from home. This…

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Posted in Economy Finance

Fewer companies report bankruptcy

The number of company bankruptcies fell to its lowest level since 1999 in 2020. As the Federal Statistical Office in Wiesbaden announced, only 15,841 companies – 15.5 percent less than 2019 – filed for bankruptcy last year. In general, due to the Corona pandemic, the…

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Posted in Economy

Unemployment fell in March despite the crisis

Unemployment in the Federal Republic fell by March 12th compared to the same period in February. According to figures from the Federal Employment Agency, the number of job seekers in the period under investigation was 2,827,000 – 77,000 fewer than in February. The unemployment rate…

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Posted in Economy Finance Politics

Additional help for particularly affected companies

The Federal Government would like to pay out an equity grant to companies that are hit very hard by the Corona crisis and which submit a corresponding application. In this way, the substance of the companies should be strengthened directly. Apart from that, the so-called…

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Posted in Economy Finance Politics

Agreement on EU agriculture reform

The federal as well as the state ministers of agriculture have agreed on steps to implement the EU agricultural reform in Germany. The relevance of environmental requirements will be 25 percent in the future, after financial aid has so far been determined by the size…

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Posted in Economy Politics

North Sea fishing: EU agrees with UK and Norway

The EU has reached an agreement with the UK and Norway on catches of fish from the North Sea. According to the EU Commission, there is a quarter less of the saithe species, around 2.5 percent less of plaice and around 7.5 percent less of…

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Posted in Economy Politics

For improvements in cooperation between the EU and third countries

In a video conference of the European Union, the Foreign and Interior Ministers of the member states met this week to decide how to improve cooperation with third countries. Specifically, the talks were about the questions of migration and of refugees. The EU wants to…

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Posted in Economy Health Politics

Corona easing: consultations concluded between the Federal Government and the governments of the Federal States

by Thorsten Koch In a consultation which dragged on for hours, the Federal Government and the State Governments agreed that there should be a step-by-step plan that results in easing the lockdown. The measures against Corona are to be extended until March 28th. An extension…

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Posted in Economy Politics

Grand coalition: agreement on the reform of the transport service

CDU-CSU and SPD agree on how the reform of the taxi and driving service market should be approached. Union group spokesman Lange said that the municipalities would get more powers. The Vice Chairman of the SPD Parliamentary Group, Bartol, has praised that cheap and new…

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Posted in Economy Health Politics

Possible relaxation of Corona measures thanks to tests and vaccinations in view

by Thorsten Koch Chancellor Angela Merkel has emphasized that the Corona measures could be relaxed, depending on Covid tests. Rapid tests should be a topic at the federal-state conference on March 3rd, said Merkel. There may be regional rules because of the immunization campaign and…

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Posted in Economy Technology

Fiber optic expansion by Telekom will be accelerated

Deutsche Telekom wants to present an increased speed in the expansion of the fiber optic network. Gigabit speed should be possible in around 10 million households in Germany by the end of 2024. Another 1.2 million households are expected to benefit from this in 2021….

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Posted in Economy Finance Politics

Scholz for “citizens’ money” instead of Hartz IV

The SPD’s candidate for chancellor, Olaf Scholz, has proposed replacing the basic security, also known as Hartz-IV, with a new type of citizen’s benefit. Conditions should no longer be based on “distrust” of the social welfare offices; some sanctions should be abolished for Hartz-IV beneficiaries…

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Posted in Economy Finance

Union parties criticize SPD plans for wealth tax

The Union parties have criticized the calls by Federal Finance Minister Olaf Scholz for tax increases, which the latter, SPD candidate for the office of Chancellor, wants to raise for high earners and the wealthy. “Behind Olaf Scholz’s Robin Hood rhetoric lies a program against…

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Posted in Economy Health Politics

Hairdressers allowed to work again from today

The Corona lockdown lasted two and a half months for hairdressers – from December 16 last year. Nationwide, this profession can again open their shops from Monday. Garden markets, flower shops, pedicure salons and driving schools are also allowed to resume their work.

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Posted in Economy Finance Technology

EU Commission wants to see elimination of roaming charges extended

The EU Commission has spoken out in favor of cutting roaming charges in the EU for another ten years. Consumers in EU countries others than their own should use the same telephone quality and data speed for which they have concluded contracts, at no additional…

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