Tag: Economy
Former chief of top economists warns of a dangerous spiral
(GermanPolicy.com) – The former chief of Germany’s top economists, Feld, has warned of a wage-price spiral if excessive wage demands are made. Permanent increases in standard wages would further fuel inflation. If one wanted to fully compensate for inflation, this would have a negative impact…
Lindner against renewed generalized relief measures
(GermanPolicy.com) – Federal Finance Minister Lindner has expressed reservations about calls for renewed relief in response to high inflation. One is able to cushion economic hardships. It is also possible to prevent structural breaks. “But all this has the character of a shock absorber.” Aid…
Scholz warns against the decoupling of states and against deglobalization
(GermanPolicy.com) – German Chancellor Scholz has warned against deglobalization. In view of the current crises, a “decoupling” of nations should not take place. He rejected isolation, new customs barriers and protectionism, Scholz said at a ceremony marking the 100th anniversary of the Overseas Club. On…
Baerbock against global food shortages
(GermanPolicy.com) – Federal Foreign Minister Baerbock wants to forge a global alliance to fight food shortages and rising prices in the current crises. The fight against hunger can only be solved together, said Baerbock in an interview. Germany must take responsibility for this, she said…
Federal Environment Ministry for better protection of the seas
(GermanPolicy.com) – The Federal Environment Ministry wants to protect the world’s oceans better. According to a spokeswoman for the Ministry of the Environment, who announced the establishment of a post for the Commissioner for the Sea, they are aiming for a cross-departmental and legally binding…
Higher electricity and gas prices expected
(GermanPolicy.com) – In the coming months there may be further price increases for electricity and gas. Customers should be prepared for this, according to an analysis by the Federal Association of Energy and Water Industries. Wholesale prices would be passed on to the consumer. Since…
Union parties against extra taxation of companies
(GermanPolicy.com) – The CDU-CSU has spoken out against the Greens’ proposal to tax companies that make particularly high profits as a result of the Ukraine war. Citizens and companies are unsettled because of the record inflation. Therefore, the discussion is going in the wrong direction,…
Interior Minister Faeser calls for a modern immigration law
(GermanPolicy.com) – Federal Minister of the Interior Nancy Faeser is committed to improving the shortage of skilled workers with a modern immigration law. workers are urgently needed. Faeser intends to introduce an opportunity card with a points system in order to create incentives for qualified…
FDP general secretary wants to abolish cold progression
(GermanPolicy.com) – FDP General Secretary Bijan Djir-Sarai has spoken out against further relief packages. “The state will not be able to keep up with the higher energy prices which are now emerging,” he said. On the other hand, the abolition of cold progression as a…
Increase in the savings allowance
(GermanPolicy.com) – The savings allowance will be increased. This results in annual tax savings of around 230 million Euros. As reported by the Federal Ministry of Finance, according to media reports, the Federal Government will lose 160 million Euros, the federal states 140 million Euros…
Utility cost: tenants’ association for protection against dismissal in the event of late payments
(GermanPolicy.com) – The Tenants’ Association has demanded that terminations to tenants be suspended because of late utility bill payments. Many landlords are demanding higher advance payments on heating costs after energy prices have recently risen sharply. The Haus und Grund owners’ association announced that the…
Gas supply: private households enjoy the highest priority
(GermanPolicy.com) – Federal Consumer Protection Minister Lemke (Greens) has confirmed that private households, kindergartens, and hospitals will be given preference when it comes to gas supply if bottlenecks occur. The deputy FDP parliamentary group leader Koehler made a similar statement. Households are the top priority,…
