Tag: Economy
Opportunity Card yields encouraging first results
(de-news.net) – In the first year after the Opportunity Card for skilled labor immigration was introduced, over 12,000 applications were processed and more than 10,000 visas issued, according to an analysis by the German Center for Integration and Migration Research (DeZIM) using Federal Foreign Office…
Government to significantly raise public investment
(de-news.net) – The Federal Government has announced its intention to substantially augment public investment in the current fiscal year. According to Finance Minister Klingbeil, the projected investment volume is set to reach 110 billion euros, representing a significant increase from the 75 billion euros allocated…
Linnemann: productivity is the fundamental pillar
(de-news.net) – Carsten Linnemann, the General Secretary of the Christian Democratic Union (CDU), has emphasized the imperative of reinforcing individual responsibility to safeguard Germany’s economic prosperity and uphold the stability of its social welfare systems. He contends that productivity serves as the fundamental pillar for…
Federal Government: public holidays are determined at state level
(de-news.net) – In response to a recent proposal by two prominent economic experts advocating for the elimination of a public holiday as a means to stimulate economic growth, the federal government has clarified that this issue falls within the legislative purview of the individual federal…
First reading of the Federal Budget as well as economic relief from June and July
(de-news.net) – According to Federal Minister for Economic Affairs Katherina Reiche (CDU), the Federal Cabinet is set to introduce an initial relief package for businesses by mid-July. The package will encompass early labor market reforms and a reduction in electricity taxes. Reiche made these remarks…
Reiche: reducing administrative burdens, fostering economic growth
(de-news.net) – Federal Minister for Economic Affairs Katherina Reiche (CDU) has expressed her intention to intervene in legislative initiatives originating from other ministries when they are perceived as detrimental to economic growth. She criticized Federal Minister of Labor Bärbel Bas (SPD) for her proposals concerning…
Rehlinger for a common European project on renewable energy and hydrogen
(de-news.net) – The Minister-President of Saarland, Anke Rehlinger (SPD), has put forward the proposition of establishing a European Union initiative dedicated to renewable energy and hydrogen. She suggested that such could infuse new dynamism into the European project while simultaneously drawing inspiration from the European…
How Reiche wants to stimulate the German economy
(de-news.net) – Katharina Reiche, the new German Minister for Economic Affairs (CDU), has presented a strategy to stimulate the country’s economy. It focuses on investment incentives, lower energy costs, and reduced bureaucracy. She stated the need to improve business tax depreciation and restructure corporate taxation…
Frei (CDU): coalition will deliver on four key initiatives
(de-news.net) – According to Thorsten Frei, who serves as the Parliamentary Secretary of the CDU/CSU faction in the Bundestag, the forthcoming coalition government comprising the two Union parties and SPD intends to implement four key initiatives by the parliamentary summer recess. A primary focus will…
Rise in expenditure for government and businesses could be lessened by a decrease in bureaucracy
(de-news.net) – Rising public expenditures have resulted in a significant increase in Germany’s government expenditure ratio over the past year. According to the Federal Statistical Office, the ratio reached 49.5 percent in 2024, representing an increase of 1.1 percentage points compared to 2023. The government…
Debate around the increase of the minimum wage
(de-news.net) – The discourse surrounding the proposed, politically defined increase of the minimum wage to 15 euros per hour, as suggested by the SPD, has elicited significant criticism from employer associations. The President of the Central Association of German Crafts, Jörg Dittrich, expressed disapproval, emphasizing…
Minimum Wage Commission insists on independence
(de-news.net) – The Minimum Wage Commission has emphasized its independence following a debate between the CDU/CSU and the SPD over a higher minimum wage. As Christiane Schönefeld, chair of the commission, explained, its members are not subject to any instructions in the course of their…
