Category: Economy
Increase in the savings allowance
(GermanPolicy.com) – The savings allowance will be increased. This results in annual tax savings of around 230 million Euros. As reported by the Federal Ministry of Finance, according to media reports, the Federal Government will lose 160 million Euros, the federal states 140 million Euros…
Utility cost: tenants’ association for protection against dismissal in the event of late payments
(GermanPolicy.com) – The Tenants’ Association has demanded that terminations to tenants be suspended because of late utility bill payments. Many landlords are demanding higher advance payments on heating costs after energy prices have recently risen sharply. The Haus und Grund owners’ association announced that the…
Gas supply: private households enjoy the highest priority
(GermanPolicy.com) – Federal Consumer Protection Minister Lemke (Greens) has confirmed that private households, kindergartens, and hospitals will be given preference when it comes to gas supply if bottlenecks occur. The deputy FDP parliamentary group leader Koehler made a similar statement. Households are the top priority,…
Energy costs: Consumer Advice Center wants improvements to the second relief package
(GermanPolicy.com) – The Federation of German Consumer Organizations (VZBV) expects back payments for energy from both tenants and owners of apartments. In particular, heating costs from natural gas have risen with no end in sight, said Engelke, head of energy and construction at VZB. This…
CDU-CSU for relief in taxes and duties
(GermanPolicy.com) – The Union parties have called for further steps to be taken to compensate for the increased energy prices through relief. However, the deputy CDU chairman Jung spoke out against a third relief package. According to a press report, he said: “We don’t always…
Scholz: no turning away from just politics
(GermanPolicy.com) – On the occasion of the May Day rally in Düsseldorf, Chancellor Scholz promised not to end any of the political projects for a society based on solidarity. Increasing the defense budget via a special fund will not result in any reversal in the…
Federal Cabinet decides on second relief package
(GermanPolicy.com) – On Wednesday, the Federal Government decided on a relief package worth several billion Euros. The energy tax on fuel is to be reduced for three months, taxpayers are to receive a one-time lump sum of 300 Euros before taxes, child benefit is to…
Electricity price should fall thanks to lower surcharge
(GermanPolicy.com) – The EEG surcharge will be abolished on July 1st of the current year – instead of in 2023. That was decided by the German Bundestag. This means that citizens are benefiting with the greatest electricity price relief in many decades, as commented by…
Lindner (FDP) wants to compensate for cold progression
(GermanPolicy.com) – Federal Finance Minister Lindner (FDP) would like to noticeably limb the employees in 2023. The state should not “enrich itself from salary increases that only compensate for the rise in prices,” Lindner explained. In autumn, therefore, the cold progression should be solved in…
FDP for higher additional income limits for social assistance
(GermanPolicy.com) – The socio-political spokesman for the FDP in the German Bundestag, Kober, has spoken out against a reduction in VAT on staple foods. Rather, the additional income limits of social assistance recipients should be increased. Such a step is already provided for in the…
More foreign aid against grain failures
(GermanPolicy.com) – According to the Federal Cabinet, the development budget is to rise by one billion Euros in the current year. Among other things, the increase includes funds to support Ukraine as well as poorer countries in need of grain provisions from Ukraine and Russia….
Unions for wage increases due to price increases
(GermanPolicy.com) – The trade unions in Germany are demanding that wage increases be enforced in the course of the upcoming collective bargaining rounds. This is necessary against the background of growing inflation. Even in the current crisis, there are production gains in which employers should…
Health insurance companies demand a savings package for medicines
(GermanPolicy.com) – The statutory health insurance companies have asked Health Minister Lauterbach to put together an austerity package for medicines. The increase in expenditure on pharmaceuticals in 2021 was almost eight percent above the average of expenditure on health services. The Kassen-Spitzenverband spoke of a…
More company start-ups founded in the past year
(GermanPolicy.com) – In 2021 significantly more new companies were founded than in the previous year, according to the Kreditanstalt für Wiederaufbau. Many start-ups would have postponed the idea of self-employment until then, but last year 607,000 people implemented their plans – 13 percent more than…
Promotion of plug-in hybrid vehicles: FDP and the automotive industry contradict Habeck
(GermanPolicy.com) – According to plans by Federal Economics Minister Habeck (Greens), the subsidy for plug-in hybrid vehicles is to expire at the end of the year and will not be extended. The coalition agreement of the traffic light parties speaks against it, however, FDP traffic…
Lindner releases funds for storage and regasification
(GermanPolicy.com) – Federal Finance Minister Lindner (FDP) has given the go-ahead for 2.47 billion Euros in funding for liquid gas terminals in Germany. Four floating storage and regasification units are to be leased. Liquified natural gas should be stored to ensure Germany’s gas supply. Due…
Habeck repeats his rejection of fracking in Germany
(GermanPolicy.com) – Federal Economics Minister Habeck (Greens) has justified why he rejects fracking in Germany. One would have to “destroy deep layers of rock with great pressure and chemical substances in order to extract gas,” he said, according to media reports. “This is difficult under…
Reduced energy tax
(GermanPolicy.com) – As part of the relief package launched by the Federal Government to combat high energy prices, a reduction in energy tax is to make fuel cheaper from June 1 and for three months. This results from a draft issued by the Federal Ministry…
Nine-Euro ticket to be available from June
(GermanPolicy.com) – According to the Association of German Transport Companies, the 9-Euro monthly ticket for local and regional transport will be sold in June, July, and August. It will be valid until the end of the sales month. Not included in the use is long-distance…
Federal Ministry of Justice against tightening the rental price brake
(GermanPolicy.com) – Federal Justice Minister Buschmann (FDP) has blocked the Bundesrat initiative by Bavaria’s Justice Minister Eisenreich (CSU) to reform the rantal price break. Eisenreich had planned to make the price brake more effective. Both the Federal Ministry of Economics and the Federal Ministry of…
Funding for companies affected by the crisis
(GermanPolicy.com) – The Federal Government would like to grant subsidies of up to five billion Euros to entrepreneurs who are particularly hard hit by the situation in Ukraine. Loans can be taken up to a total of 100 billion Euros. The liquidity protection through loans…
