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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.
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.
Birgit Rodolphe has been Chief Executive Director of Resolution and Prevention of Money Laundering at the Federal Financial Supervisory Authority (BaFin) since November 2021. Prior to that, she served as Divisional Board Member Non-Financial Risk/Global Chief Remediation Officer at Commerzbank AG, Frankfurt.
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.
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.
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.
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.
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.
Climate action FAQs: Climate Action Programme 2030
Germany has made both national and international commitments to cut its greenhouse gas emissions by more than half by 2030, compared with 1990 levels. To this end, the German government has launched a comprehensive climate package. What are its key elements? How does carbon pricing work? And how much will all of this cost? Here are the answers to these and other important questions.
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 …