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ukraine Exchange scheme hryvnia-to-euro to expire on 30 October 2022
The Federal Ministry of Finance and the Deutsche Bundesbank have agreed with the National Bank of Ukraine to let the hryvnia-to-euro exchange scheme expire.
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ukraine Germany supports debt service suspension for Ukraine
Together with other official bilateral creditors, Germany intends to participate in a coordinated suspension of the payments that Ukraine makes to service its bilateral debts.
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G7 G7 Finance Ministers and Central Bank Governors´ Petersberg Communiqué
The G7 finance ministers and central bank governors released a joint communiqué following their meeting on 20 May.
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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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Public Finances Germany’s Federal Debt Rule (Debt Brake)
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Public finances Federal government and Länder support flood-hit regions
Germany’s federal cabinet today adopted a draft text proposed by the Finance Ministry and the Interior Ministry for the establishment of a special flood relief fund and amending other laws (2021 Reconstruction Aid Act (Aufbauhilfegesetz 2021)). In this way, the federal government is continuing its committed assistance aimed at supporting the German regions particularly affected by flooding and …
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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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Public finances German government adopts extensive assistance package for regions affected by floods
Germany’s federal cabinet today approved financial support measures to provide immediate and unbureaucratic assistance to regions affected by recent floods. The federal government will provide an initial €200m to cover half of the costs of immediate assistance measures launched by the Länder. In addition, it will contribute financially to a comprehensive recovery programme.