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Public Finances 27th Subsidy Report 2017–2020
The German government’s work is based on transparency and facts. In line with this approach, the Finance Ministry presented the government’s 27th Subsidy Report to the federal cabinet on 6 November 2019. Climate action is an important priority for government subsidies, with the majority of federal financial assistance going to environmental and climate-related measures. Other current funding …
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Public Finances 28th Subsidy Report
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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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Public Finances A timeline: Measures to compensate for National Socialist Injustice
This brochure provides a chronological overview of the compensation and restitution measures that have been adopted by Germany from the end of the Second World War up to the year 2020. Many of the measures listed are accompanied by a brief description. Sources are also provided in order to facilitate more in-depth research.
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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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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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Europe Christian Lindner at the Scale-Up Europe Conference
On 8 February 2022, Finance Minister Christian Lindner presented the European Tech Champions Initiative (ETCI) in Paris, together with his French counterpart Bruno Le Maire. The initiative’s aim is to mobilise more private capital from European long-term financial investors to strengthen the competitiveness of the European economy in a sustainable way. France and Germany intend to commit €1 …
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G7 Christian Lindner on the G7 meeting in Bonn and Königswinter
In a statement ahead of the meeting of G7 finance ministers and central bank governors in Bonn, German Finance Minister Christian Lindner emphasised that we are currently facing particularly challenging times. He stated that officials would discuss ways to support Ukraine and safeguard its financial capacity.