Category: Economy
Tiered funding for new cars proposed
The Federal Ministry of Economics has plans for purchase premiums cars, making propositions for both electronically operated new cars and new cars with diesel and…
Lufthansa Supervisory Board confirms rescue package
The Lufthansa Supervisory Board has approved, following the vote of the group management, the Federal Government’s rescue package for the airline. This also includes requirements…
Automobiles and the economy: CSU boss proposes stimuli
by Thorsten Koch The Bavarian Prime Minister Markus Söder (CSU) would like to consider the car industry when it comes to the economic package to…
Ministry of Finance proposes set of measures
Olaf Scholz (SPD), Federal Minister of Finance, would like to increase the duration of the short-time allowance for employees from one to two years. In…
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…
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…
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…
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…
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…
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…
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…
Travel industry criticizes continued travel warning
The travel industry has described the continued global travel warning as an “absolutely wrong signal”. Many people wanted to visit friends and relatives again, or…
