Category: Economy
Bundestag extends continued payment of wages, supports dining
Continued wages for parents will be paid for up to 10 weeks instead of up to 6 weeks, the German Bundestag has decided. Single parents…
Economic output is forecast to decline sharply
Economic output in Germany is expected to decrease by 6.6 percent this year, the Ifo Institute announced in an updated forecast. Economic output fell by…
Hans for car purchase premiums – under conditions
Purchase premiums for passenger cars should only be paid for environmentally friendly technology, the Saarland Prime Minister Tobias Hans (CDU) has emphasized. Support for the…
Billions of Euros for the railways?
by Thorsten Koch The German government wants to help Deutsche Bahn in the corona crisis. There are no plans to cut jobs, but austerity measures…
EU Commission proposes aid package of 750 billion Euros
by Thorsten Koch The EU Commission would like to provide 750 billion euros to support the economy of member states suffering from the Corona crisis….
Electricity: Altmaier backs relief for citizens
Federal Minister of Economics Peter Altmaier (CDU) believes that a reduction in the price of electricity is possible as part of the forthcoming stimulus package…
Transfers into job-training positions to be encouraged
Companies which come to employ, in succession, trainees laid off by insolvent companies could receive a government premium. The federal government, the federal states, business…
Bundeskartellamt clears takeover of Rhön-Klinikum
by Thorsten Koch According to the German authority for economic regulation, the Bundeskartellamt, the hospital chain Asklepios, which is privately owned, can take over the…
Steel production has for now decreased
Steel production by German steelworks decreased by almost 24 percent in the current month compared to March. This was announced by the Steel Association. In…
Schäuble and Ferrand for improvements within the EU
The President of the German Bundestag, together with his counterpart, the French President of the Assemblée Générale, has suggested modernizing the EU. Schäuble and Ferrand…
Altmaier wants to help boost the economy
Federal Minister of Economics Peter Altmaier (CDU) advocates a “stress test” for laws that have already been passed, given that these laws have not yet…
Maas for European economic independence
Federal Foreign Minister Heiko Maas (SPD) wants to promote the goal of Europe developing more independence in ensuring economic livelihoods. Europe must urgently reduce its…
