Tag: Finance
Flood damage: restoring routes and bridges will cost 700 million Euros
The Federal Ministry of Transport is assuming a financial burden of over 700 million Euros for the rehabilitation of highways, roads and bridges damaged or…
Flooding in Germany: “overwhelmed” by the solidarity
by Thorsten KochGermanPolicy.com Within a week, the Action Alliance for Disaster Relief, supported by the TV broadcaster ZDF, recorded over 36 million Euros in donations….
Heavy rains caused damage to agriculture, rail, and motorway routes
by Thorsten KochGermanPolicy.com Agriculture has suffered much damage in the disaster areas in western Germany. “Several thousand hectares” of fields are affected, said a spokesman…
Flood disaster in Germany: in search of solutions
by Thorsten KochGermanPolicy.com The situation in the wake of the severe floodings in the west of the Federal Republic of Germany has stabilized. Authorities in…
ECB Director: inflation will not be too high in the medium term
The concerns about a sharp rise in inflation are unfounded, said Isabel Schnabel, member of the board of directors of the European Central Bank (ECB)….
Dobrindt: more tax incentives for work from home
The chairman of the CSU regional group in the Bundestag, Dobrindt, would like to make working from the so-called ‘home office’ more attractive with more…
Building materials for new homes more expensive
New residential buildings have become more expensive in May of this year. The rate of inflation was last that high in 2007. Conventionally built residential…
Chancellor Merkel makes a pledge for additional aid to the Republic of Niger
Federal Chancellor Angela Merkel (CDU) has promised further financial aid to the Republic of Niger during a reception given for the President of Niger, Bazoum,…
Scholz expects additional budgetary means through minimum tax
Federal Finance Minister Olaf Scholz (SPD) expects that the global minimum tax will enable Germany to generate billions of Euros in additional budgetary means. He…
Tobacco tax hike will not be used to prevent addiction
The increase in tobacco tax from 2022, totaling around 500 million Euros, will not be used to prevent addiction. Instead, Federal Finance Minister Olaf Scholz…
Hardly any fraud with respect to Corona economic aid
The economic aid that the Federal Government has made available during the Covid-19 pandemic has hardly resulted in attempted fraud. Only about 1 percent of…
New fines for car traffic violations from autumn
This fall, new fines for speeders in car traffic will come into force. The Federal Council still has to approve the respective draft of the…
