Posted in Economy Finance Politics

Ministry of Finance proposes set of measures

Olaf Scholz (SPD), Federal Minister of Finance, would like to increase the duration of the short-time allowance for employees from one to two years. In…

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Posted in Economy Finance Politics

Altmaier wants to speed up approvals

Central approval processes should be completed much faster than before. Federal Minister of Economics Peter Altmaier (CDU) has campaigned for this goal days before the…

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Posted in Economy Finance Politics

Scheuer wants to support mobility and digitalization

Federal Transport Minister Scheuer wants to promote mobility through a 28 billion Euro package, especially concerning the digital infrastructure. For this alone, the Ministry of…

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Posted in Economy Finance Politics

Schäuble promotes climate, digitization and innovation

The President of the German Bundestag, Wolfgang Schäuble, has appealed to use the state stimulus package for climate, digitization, and innovation. He campaigned for a…

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Posted in Economy Finance Politics

IW: At least 100 billion Euros for stimulus package required

According to a study by the Institute of the German Economy (IW), government has so far spent 287.5 billion additional Euros in the Corona crisis…

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Posted in Economy Finance Politics

Lufthansa board accepts EU requirements

There is agreement between the EU Commission and the Federal Government on the key points of the Lufthansa rescue. The airline is to waive a…

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Posted in Economy Finance Politics

Startups about to be supported

The Federal Ministry of Economics will start a funding program with a volume of 2 billion Euros for German startup companies in need. Venture capitalists…

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Posted in Finance Politics

Klingbeil: “super rich” should continue to pay solidarity surcharge

The general secretary of the SPD, Lars Klingbeil, has spoken out against abolishing the solidarity surcharge for all taxpayers from July 1st. “For the top…

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Posted in Economy Finance Politics

Bundestag extends continued payment of wages, supports dining

Continued wages for parents will be paid for up to 10 weeks instead of up to 6 weeks, the German Bundestag has decided. Single parents…

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Posted in Finance Politics

Feld criticizes plans to assume municipal debt

Lars Feld, the chairman of the expert panel on business practices, has rejected plans to assume local municipal debts. The Federal Government should not undertake…

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Posted in Economy Finance Politics

Hans for car purchase premiums – under conditions

Purchase premiums for passenger cars should only be paid for environmentally friendly technology, the Saarland Prime Minister Tobias Hans (CDU) has emphasized. Support for the…

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Posted in Finance Politics

Lufthansa Supervisory Board examining alternatives

The Lufthansa Supervisory Board postponed the vote on the acceptance of the rescue package for the airline, in the amount of 9 billion euros. The…

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