Tag: Economy
Oktoberfest 2021 canceled, Bayreuth Festival to take place
The Oktoberfest in Munich, after being skipped in 2020, will also be canceled in 2021, in view of the Corona pandemic, the Bavarian Prime Minister…
Longer bankruptcy protection?
The Grand Coalition is debating whether to extend insolvency protection for commercial companies in view of the Corona pandemic. So far, the regulation applies until…
Volkswagen reaches agreement with trade union
The employees of the car manufacturer Volkswagen will receive a Corona bonus of 1000 Euros each in June, as well as a salary increase of…
Merkel and Macron welcome Chinese climate targets
Chancellor Angela Merkel and French President Emmanuel Macron have welcomed the People’s Republic of China’s goals of achieving CO2 neutrality before 2060. In a digital…
Altmaier expects a quick economic recovery
Federal Minister of Economics Peter Altmaier (CDU) assumes that the German economy will recover quickly after the end of the Corona pandemic. The situation is…
Improvements for cyclists thanks to new traffic plan
The Federal Cabinet is working to ensure that Germany becomes a “cyclist country,” in the long run. Cycle paths are to be expanded in both…
Companies are planning a significant number of new hires
The Ifo Institute in Munich has announced that companies in Germany are planning new hires despite the Corona pandemic. The industry sector in particular, and…
One third of the labor force work from home
For a survey, the Ifo Institute in Munich asked how many employees in German companies do some or all of their work from home. In…
Fewer companies report bankruptcy
The number of company bankruptcies fell to its lowest level since 1999 in 2020. As the Federal Statistical Office in Wiesbaden announced, only 15,841 companies…
Unemployment fell in March despite the crisis
Unemployment in the Federal Republic fell by March 12th compared to the same period in February. According to figures from the Federal Employment Agency, the…
