Category: Economy
Scholz announces strategy to aid steel industry
(de-news.net) – Chancellor Olaf Scholz has presented a three-point strategy to bolster the steel industry. He announced an impending meeting with industry leaders, labor representatives, and unions to deliberate on specific measures, which is to take place on Monday. Scholz underscored the strategic importance of…
Tenants’ Association for continued rent control
(de-news.net) – The German Tenants’ Association (DMB) has issued a cautionary statement against the non-extension of the rent control mechanism. According to DMB President Siebenkotten, failing to extend this measure would be exceedingly imprudent, particularly given the strained housing market. Without political intervention, the rent…
Constitutional Court confirms the financing of the electricity price cap
(de-news.net) – The Federal Constitutional Court in Karlsruhe has deemed the financing of the electricity price cap lawful. The court in Karlsruhe dismissed the constitutional complaints of 22 renewable energy producers who had challenged the then-valid profit skimming regulations. The 22 companies had argued in…
Habeck for an abolition of the electricity tax
(de-news.net) – At an industrial conference in Berlin, Federal Minister for Economic Affairs Robert Habeck (Greens) underscored the critical necessity for immediate measures to alleviate electricity costs for businesses. He proposed reducing grid fees through state subsidies, advocating for the adoption of a supplementary budget…
Chancellor Scholz encourages global action in the face of climate change
(de-news.net) – At the close of the G20 summit in Brazil, German Chancellor Olaf Scholz emphasized the need for decisive global action to tackle climate change. Speaking before his departure from Rio de Janeiro, the German leader stressed that the world must remain committed to…
FDP withdraws federal ministers – traffic light coalition breaking up
(de-news.net) – It is the end of the traffic light coalition. All FDP ministers have been recalled by their party from the alliance with the SPD and the Greens after Chancellor Scholz had previously dismissed the liberal Federal Finance Minister Lindner due to a lack…
Coalition partners talk about the economic crisis and the budget
(de-news.net) – The traffic light coalition has halted negotiations of the tax package for 2025 coordinated by Federal Finance Minister Lindner (FDP). Talks were broken off last Friday but could continue on Thursday, at the earliest. The Greens do not wish higher earners to be…
Lindner (FDP) presents immediate economic program, receives criticism
(de-news.net) – Federal Finance Minister Lindner (FDP) has come under criticism for his proposals for a reorientation of economic policy. Instead of throwing papers onto the market, decisions that have been made must be implemented, said pension expert Machalet (SPD) after the FDP chairman had…
Meetings with industry and small to medium-sized businesses
(de-news.net) – Chancellor Scholz (SPD) is planning to continue meetings with industry associations and unions. The first industry summit this week is “the start of a process in which the Federal Government will discuss with the participants in the coming weeks ways of providing further…
A ‘Germany Fund’ to strengthen the economy and reduce bureaucracy
(de-news.net) – At the Employers’ Day, Chancellor Scholz has called for a joint effort to stimulate the economy in Germany. Despite the recession, Germany is a strong country, and the situation can be improved by reducing bureaucracy and improving the conditions for the financial sector….
Discussion about relief for citizens and the industry
(de-news.net) – The Federal Government is arguing about plans for tax relief. FDP chairman Lindner accused the Greens of blocking plans and not supporting the mitigation of the bracket creep. The Greens, for their part, complained that Lindner did not support the increase in the…
A new law to reduce bureaucracy
(de-news.net) – A measure aimed at cutting bureaucracy was enacted by the German Bundestag. The SPD, Greens, FDP, and Union were in favor of the bill. Its yearly savings target is around 944 million Euros for the administration and economy. Tax assessments no longer need…
