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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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europe Opinion on carbon pricing by the Franco-German Council of economic experts
The Franco-German Council of economic experts was established as a permanent bilateral body by Germany and France on the basis of the Aachen Treaty. It is independent and aims to make policy recommendations on economic policy issues of common interest. The Council has prepared an opinion on “pricing of carbon in and at the border of Europe”.
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Monthly report Overview of federal budget and financial data up to and including March 2021
The April edition of the ministry’s monthly report is now online. Every month we publish selected extracts from our monthly report in English. These extracts feature current data and information on federal budget trends, tax revenue, debt levels and guarantees, as well as key dates on the fiscal and economic policy agenda. The monthly report also includes interesting articles on topics within …
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Monthly report Overview of federal budget and financial data up to and including February 2021
The March edition of the ministry’s monthly report is now online. Every month we publish selected extracts from our monthly report in English. These extracts feature current data and information on federal budget trends, tax revenue, debt levels and guarantees, as well as key dates on the fiscal and economic policy agenda. The monthly report also includes interesting articles on topics within …
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europe Brexit and taxation
What are the tax implications of Brexit? Germany adopted the Tax Act Relating to Brexit (Brexit-Steuerbegleitgesetz), which was intended to prevent detrimental legal consequences occurring solely as a result of Brexit for taxpayers who have completed all essential tax-relevant actions prior to the UK’s departure from the EU.
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europe Brexit and Customs
How does Brexit affect customs? The customs administration thoroughly prepared for Brexit in terms of staffing, IT-assisted customs clearance and awareness-raising among companies. The aim was to ensure that it had the resources and staffing needed to continue performing its tasks as effectively as possible post-Brexit.
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europe Brexit and financial markets
How does Brexit affect the financial market? The Trade and Cooperation Agreement covers financial services in the same way as they are generally covered in the EU’s other free trade agreements with third countries. In particular, both parties have committed to keeping their markets open for operators from the other party seeking to supply services through establishment.
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europe Information on Brexit
As of 1 February 2020, the United Kingdom (UK) is no longer a member of the European Union (EU). The agreed transition period ended on 31 December 2020. The EU and the UK concluded a comprehensive Trade and Cooperation Agreement on 24 December 2020, opening a new chapter in EU-UK relations. The agreement was reached after less than a year of intensive negotiations, during which time the EU and …
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Europe #EuropeCounts: European financial policy in numbers
A unified Europe benefits Germany and the other EU countries in a number of ways. This is true for each state as a whole as well as for all of the EU's citizens, who reap these benefits in their everyday life. Our #EuropeCounts section presents examples small and large which all add up to a clear conclusion: the EU is of immense value. It is our common task to protect it and to create even more …
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Europe #EuroABC: European financial policy from A to Z
Who attends ECOFIN Council meetings? What do the abbreviations SURE, MFF and FTT stand for? What rules does the Tax Act Relating to Brexit contain? Our #EuroABC provides easy-to-understand explanations of key terms in the sometimes complicated world of EU finances, along with the fiscal policy priorities of the German Presidency – all from A to Z.