Coronavirus A protective shield for employees and companies
On 13 March 2020, Germany’s Finance Ministry and Economic Affairs Ministry jointly unveiled an assistance programme and tax policy measures totalling billions of euros. The two ministries agreed on an extensive package of measures to protect jobs and to protect businesses of all sizes in all sectors. The aim is to ensure that Germany’s health care system and economy are financially equipped to …
Public finances Financial Times interview with <span>Olaf Scholz</span>
In an interview with the Financial Times, German finance minister and vice chancellor Olaf Scholz speaks about current issues. Focusing on the federal budget, he also outlines the prospects for Brexit. He emphasises the importance of a balanced budget without new debt whilst taking account of the need for “social cohesion” and the importance of the welfare state.