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Public finances A budget policy with clear priorities
On 26 June 2019, Germany’s federal cabinet adopted the government draft for the 2020 federal budget and the financial plan to 2023. The German government is focusing on the right areas to ensure that Germany can look forward to a successful future.
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Coronavirus Additional KfW Special Programme 2020 for the economy to be launched today
Businesses will be provided with additional support and may submit applications as of now. KfW will assume up to 90 per cent of the risks and cut interest rates.
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bundesbank-finanzstabilitaetsbericht Bundesbank publishes 2020 Financial Stability Review
The global Covid-19 pandemic led to the worst economic downturn in Germany in decades during the first half of 2020.
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bundesbank-finanzstabilitaetsbericht Bundesbank publishes 2021 Financial Stability Review
The Bundesbank published its annual Financial Stability Review on 25 November 2021. The review documents relevant developments as well as vulnerabilities in the German financial system and highlights risks to its stability.
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bundesbank-finanzstabilitaetsbericht Bundesbank publishes 2022 Financial Stability Review
The Bundesbank published its annual Financial Stability Review on 24 November 2022. In the review the Bundesbank explains vulnerabilities in the German financial system and highlights risks to its stability.
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taxation Cabinet approves near-complete abolition of solidarity surcharge
On Wednesday, the federal cabinet approved draft legislation to reduce the solidarity surcharge. If the bill is passed, the surcharge will, starting in 2021, be completely eliminated for around 90% of those who currently pay it. For a further 6.5% of taxpayers, the surcharge will be reduced. As a result, 96.5% of today’s surcharge payers will be better off.
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Climate action Clear and socially equitable incentives for climate-friendly behaviour
Today the German government adopted draft legislation to implement the Climate Action Programme 2030 in tax law and to amend the Aviation Tax Act.
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Climate action German government’s future-oriented subsidy policy
Das Bundeskabinett hat heute den Bericht der Bundesregierung über die Entwicklung der Finanzhilfen des Bundes und der Steuervergünstigungen für die Jahre 2019 bis 2022 beschlossen. Der 28. Subventionsbericht macht deutlich: Die Subventionspolitik ist zentraler Bestandteil der zukunftsorientierten Finanzpolitik der Bundesregierung. Durch eine klare inhaltliche Schwerpunktsetzung geben die …
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Coronavirus Coronavirus: immediate federal economic assistance now available
Implementation of the federal scheme now ready in the German Länder
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bafin-veroeffentlichungen Covid-19 situation: new developments and important information from BaFin
Germany’s financial supervisory authority is carefully and continuously monitoring the impact of the Covid-19 pandemic on the financial sector. BaFin has summarised what actions BaFin, the European Central Bank and the European supervisory authorities are taking in response to Covid-19 on the BaFin website.