Tag: Finance
Immediate political program in case of Armin Laschet’s victory
(GermanPolicy.com) – The CDU board of directors has decided on an immediate program that is to be implemented if the Union parties win the general election. Chancellor candidate Armin Laschet (CDU) agreed to relieve small and medium incomes by increasing the lump sum. Instead of…
Altmaier wants to abolish the EEG surcharge to achieve cheaper electricity
(GermanPolicy.com) – Federal Minister of Economics Peter Altmaier (CDU) would like to significantly reduce the EEG surcharge by up to a third by January 1, 2022 and completely abolish it in the coming three years. The levy according to the Renewable Energy Sources Act (EEG)…
Scholz against reforming the debt brake
(GermanPolicy.com) – Olaf Scholz, the SPD’s candidate for Chancellor, sees a coalition with the Greens and the FDP as a possibility. According to media reports, Scholz said that the constitutionally stipulated brake on debt did not need to be reformed. The FDP urges that the…
Laschet, Merz: Red-Red-Green would be “poison for economic recovery”
(GermanPolicy.com) – The candidate for Chancellor of the Union parties, Armin Laschet, and CDU financial expert Friedrich Merz have warned that the election of a red-red-green government due to tax increases would be “poison for economic recovery.” An 8-point paper reads that a tax increase…
Söder warns of Red-Red-Green
(GermanPolicy.com) – Speaking at his party’s congress, CSU chairman Markus Söder warned of a red-red-green government. A left slide must be prevented, Söder explained. Germany should be ruled by Armin Laschet, not with Olaf Scholz or Annalena Baerbock at the helm. A left Federal Government…
Söder wants relief for medium-sized businesses
(GermanPolicy.com) – The chairman of the CSU, Markus Söder, considers a Grand Coalition led by the Social Democrats to be unlikely. The SPD will do everything to form a left coalition, he said, according to media reports. Prosperity should not be neglected when it comes…
A ‘future fund’ for the car industry
(GermanPolicy.com) – The Federal Government will provide a “future fund” of one billion Euros for the changing automotive industry by 2025, as announced by the Federal Minister of Finance and SPD Chancellor candidate Olaf Scholz. 340 million Euros are to flow into regional cooperations and…
Laschet for less bureaucracy, Scholz for solidarity – both opt for tax relief
(GermanPolicy.com) – The two candidates for the office of Federal Chancellor, from the CDU and the SPD, have affirmed their different positions in tax policy. Armin Laschet (CDU) accused the SPD of endangering the positive economic development in Germany through tax increases. Relief is needed,…
Laschet for extended suspension of bankruptcy filings
(GermanPolicy.com) – The candidate for the office of Federal Chancellor, Armin Laschet (CDU), would like to see the obligation to file for insolvency for companies suspended in the regions affected by the recent flood disaster. The obligation to file for bankruptcy has already been lifted…
Unconditional basic income cannot be financed
(GermanPolicy.com) – According to the Scientific Advisory Board at the Federal Ministry of Finance, an unconditional basic income would not be financially feasible. If all German citizens were to receive funds at the subsistence level, the monthly basic income would have to be 1,208 Euros…
Consumer advocates want tax cuts on fruits and vegetables
(GermanPolicy.com) – The possible price increases for meat products to enable better animal keeping should be compensated for, according to a proposal by the consumer advice centers. Households could be relieved by lowering the VAT on fruits and vegetables. “That means we would be under…
Wage gap for women and employees in eastern Germany keeps shrinking
(GermanPolicy.com) – The wage gap between East and West Germany decreased slightly in 2020. In the new Federal States, the average gross wage per month for full-time employment was 2,890 Euros, below that in the west, where 3,540 Euros were paid. The difference was 49…
