Category: Economy
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…
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….