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ukraine Management of the task force for implementing EU sanctions appointed
The task force that has been set up by the Federal Government to implement the EU sanctions appointed its management yesterday evening at its second meeting.
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europe Germany and France intend to commit €1 billion each for new European Tech Champions Initiative
Germany and France represented by Christian Lindner, Federal Minister of Finance, Robert Habeck, Federal Minister for Economic Affairs and Climate Action, Bruno Le Maire, Minister for the Economy, Finance and the Recovery, and Cédric O, Minister of State for the Digital Transition and Electronic Communication, have signed, together with Denmark, Estonia, Greece, Spain, Italy, Latvia, Lithuania, …
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europe Joint Statement on the European Payments Initiative (EPI)
by Belgium, Finland, France, Germany, the Netherlands, Spain and Poland
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europe German Recovery and Resilience Plan adopted
Today the German government adopted the German Recovery and Resilience Plan (DARP). Ninety percent of the spending in Germany’s recovery plan is targeted towards climate action and the digital transformation. This means that the German government is going well beyond the ambitious targets set by the EU. According to analysis by the German Institute for Economic Research (DIW), the planned …
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EU Council Presidency German Recovery and Resilience Plan (GRRP)
The Covid-19 crisis constitutes one of the biggest challenges in the history of the European Union and the Federal Republic of Germany in terms of its impact on health, society and the economy. The European Union has taken robust action in response to the crisis during Germany’s EU Council Presidency. With the recovery instrument “Next Generation EU“, which amounts to €750 billion, and its …
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Climate action European Sustainable Finance Summit
As the European Sustainable Finance Summit gets underway, German Finance Minister Olaf Scholz and Environment Minister Svenja Schulze are calling on European companies to invest more in sustainable economic activities. The first survey, published today, on applying the EU taxonomy shows that just 2% of companies’ activities by revenue meet the taxonomy’s level of ambition for climate action and …
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Ministry The Detlev Rohwedder Building – German history reflected
The Detlev Rohwedder Building, which has served as the German Finance Ministry’s main office since August 1999, reflects the upheavals of modern German history more clearly than perhaps any other building in the capital. Built as the headquarters of the Reich Aviation Ministry, the enormous edifice was the nerve centre of Nazi power. It was from here that Hermann Göring, Reichsmarschall and head …
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Ministry The Detlev Rohwedder Building
The Detlev Rohwedder Building, located on Wilhelmstrasse in Berlin’s historical government district, has served as the Finance Ministry’s main office since 1999. It reflects the stages of Germany’s turbulent history more clearly than perhaps any other building in the capital.
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Europe Tax Act relating to Brexit
The Act on Taxation-Related Provisions concerning the Withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union ( Brexit-Steuerbegleitgesetz , Tax Act relating to Brexit) contains provisions within the Federal Finance Ministry’s area of responsibility that are necessary in connection with the withdrawal of the United Kingdom of Great Britain and Northern …
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Ministry KfW acquires temporary stake in German TSO 50Hertz on behalf of the Federation
Acting on behalf of the Federal Government, Germany's development bank, the Kreditanstalt für Wiederaufbau, has acquired a temporary stake in transmission system operator 50Hertz. The company supplies electricity to some 18 million people in Germany and is a key player in putting the country's energy transition into practice.