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Public finances Christian Lindner at the Bundestag’s special session on the war in Ukraine
At the Bundestag’s special session addressing Russia’s attack on Ukraine in violation of international law, Finance Minister Christian Lindner announced massive investments in Germany’s armed forces. A special fund worth €100 billion will be established for this purpose. In addition, the government plans to spend billions of euros to build up gas and coal reserves. It will also place an even …
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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.
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Public finances Emerging from the crisis with sound fiscal policy and optimism
The federal cabinet today adopted the government draft for the 2022 federal budget and the fiscal plan to 2025. The German government is continuing to pursue a decisive fiscal policy that includes large-scale assistance measures and record investment levels. In addition, the numbers show that the federal government is in good fiscal shape. Germany’s debt ratio is far lower than projected and …
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Coronavirus How are you, Germany? Episode 4: The event managers
The Covid-19 pandemic came as a real blow to the events sector. When all events were cancelled, Nadine Bortscheller and Ann-Kathrin Schmidt at first lost sleep over the situation. In the video, the two women explain why burying their heads in the sand was not an option, and what they want future policy to look like.
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Coronavirus How are you, Germany? Episode 1: The mayor
The months of crisis since the outbreak of the pandemic have been weighing heavily on the mayor of the northern German city of Kiel, both on him as an individual and as a public figure with responsibilities for the city's inhabitants. Now Ulf Kämpfer, PhD, wants to make Kiel a model city for sustainability and digital technology. In the video, he explains how the stimulus package is helping him …
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Coronavirus How are you, Germany? Episode 2: The single mother
When the Covid-19 pandemic started, single mother Yasemin Arpaci was caught unawares. She and her son were initially forced to manage the burden all on their own. In the video, she tells the story of how the two of them coped and what support they had.
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Coronavirus How are you, Germany? Episode 3: The theatre director
When Oliver Tautorat was forced to shut his theatre in March 2020, his first reaction was one of fear: In this video, Oliver tells us how he, as a creative, was able to overcome the shock, which of the stimulus measures have allowed him to stay afloat until now, and how he plans to get back on track despite some big challenges.
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Coronavirus German government adopts more extensive Quick Loan Programme
In light of the challenges posed by the coronavirus crisis, the German government is launching an additional extensive programme to its protective shield for small and medium-sized businesses. Based on the modified Temporary Framework for state aid measures published on 3 April 2020 by the European Commission, the German government is now introducing a comprehensive Quick Loan Programme ( …