Category: Economy
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…
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…
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…
Gröhe advocates a supply chain law
Union Vice-Group Leader in the Bundestag, Hermann Gröhe (CDU), advocates greater attention to supply chains to protect the environment and human rights. “A clever mix…
Harvest helpers are allowed to enter under hygiene restrictions
Beginning next week, harvest helpers from the European Schengen countries are again allowed to enter Germany without restrictions, but under strict hygiene rules. Entry is…
A group of Greens for rethinking genetic engineering
There are voices within the Greens party that speak out for a constructive approach to genetic engineering. One has to get involved in the discourse…
Labor costs rose in the first quarter due to the Corona crisis
The hourly labor costs incurred by employers in the first quarter of 2020 rose, after adjustment, by 4.3 percent in comparison with the same period…
