Tag: Economy
Lindner releases funds for storage and regasification
(GermanPolicy.com) – Federal Finance Minister Lindner (FDP) has given the go-ahead for 2.47 billion Euros in funding for liquid gas terminals in Germany. Four floating storage and regasification units are to be leased. Liquified natural gas should be stored to ensure Germany’s gas supply. Due…
Habeck repeats his rejection of fracking in Germany
(GermanPolicy.com) – Federal Economics Minister Habeck (Greens) has justified why he rejects fracking in Germany. One would have to “destroy deep layers of rock with great pressure and chemical substances in order to extract gas,” he said, according to media reports. “This is difficult under…
Reduced energy tax
(GermanPolicy.com) – As part of the relief package launched by the Federal Government to combat high energy prices, a reduction in energy tax is to make fuel cheaper from June 1 and for three months. This results from a draft issued by the Federal Ministry…
Nine-Euro ticket to be available from June
(GermanPolicy.com) – According to the Association of German Transport Companies, the 9-Euro monthly ticket for local and regional transport will be sold in June, July, and August. It will be valid until the end of the sales month. Not included in the use is long-distance…
Federal Ministry of Justice against tightening the rental price brake
(GermanPolicy.com) – Federal Justice Minister Buschmann (FDP) has blocked the Bundesrat initiative by Bavaria’s Justice Minister Eisenreich (CSU) to reform the rantal price break. Eisenreich had planned to make the price brake more effective. Both the Federal Ministry of Economics and the Federal Ministry of…
Funding for companies affected by the crisis
(GermanPolicy.com) – The Federal Government would like to grant subsidies of up to five billion Euros to entrepreneurs who are particularly hard hit by the situation in Ukraine. Loans can be taken up to a total of 100 billion Euros. The liquidity protection through loans…
Highest pension increase in 30 years
(GermanPolicy.com) – The Federal Cabinet has approved a pension increase of 5.35 percent from 1 July. Federal Minister of Labor Heil (SPD) described this as the highest increase in 30 years. In East Germany, pensions will climb by 6.12 percent. Incidentally, the 3 million recipients…
Easter package: ways for Germany to become energy self-sufficient
(GermanPolicy.com) – Federal Economics Minister Habeck (Greens) wants Germany to obtain most of its electricity from renewable sources within 13 years. On this basis, the Federal Cabinet decided on an Easter package consisting of 56 individual laws and individual measures. Among other things, the Renewable…
Landlords against partial assumption of CO2 costs
(GermanPolicy.com) – The Haus & Grund owners’ association has spoken out against the tiered model approved by the Federal Cabinet, based on which the CO2 costs are to be shared between tenants and landlords – depending on the climate-friendliness of the property. “Landlords now also…
Transport companies propose 9-euro tickets valid from June
(GermanPolicy.com) – Top politicians in the traffic light coalition have agreed to guarantee discounted tickets for public transport for a period of 90 days – at a price of 9 Euros per the month. The Association of German Transport Companies has now asked for legislative…
Expanding wind energy faster, protecting ecosystems
(GermanPolicy.com) – A federal law, to be passed next week, is expected to bring about an expansion of wind energy in Germany. This was announced by Federal Minister of Economics Robert Habeck (Greens). An important point is species protection. Background: the existence of protected bird…
Federal Ministry of Economics for more transparency as to fuels
(GermanPolicy.com) – The situation on the fuel market has prompted the Federal Ministry of Economics to start planning the establishment of a market transparency office for fuels. It is to be set up under the umbrella of the Federal Cartel Office. Since oil prices have…
