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Public finances Report on the Sustainability of Public Finances 2020
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Public Finances 27th Subsidy Report 2017–2020
The German government’s work is based on transparency and facts. In line with this approach, the Finance Ministry presented the government’s 27th Subsidy Report to the federal cabinet on 6 November 2019. Climate action is an important priority for government subsidies, with the majority of federal financial assistance going to environmental and climate-related measures. Other current funding …
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Public Finances A timeline: Measures to compensate for National Socialist Injustice
This brochure provides a chronological overview of the compensation and restitution measures that have been adopted by Germany from the end of the Second World War up to the year 2020. Many of the measures listed are accompanied by a brief description. Sources are also provided in order to facilitate more in-depth research.
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Climate action Phasing out coal to fulfil climate targets
On 29 January 2020, the German cabinet adopted draft legislation on the phasing out of coal in Germany. The bill sets out a detailed roadmap for shutting down coal-fired power stations, which are harmful to the climate. The Federation has allocated €40bn for the structural transformation. The funds will help the affected regions to build new capacity and create new jobs.
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Climate action German cabinet adopts legislation on phasing out coal
The German cabinet today adopted the Act on the Reduction and Termination of Coal-Fired Electricity Generation and Amending Further Acts (Gesetz zur Reduzierung und zur Beendigung der Kohleverstromung und zur Änderung weiterer Gesetze).
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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.
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Public Finances German Draft Budgetary Plan 2020
On 15 October 2019, the German Finance Ministry submitted Germany’s 2020 draft budgetary plan to the European Commission. The draft budgetary plan presents the fiscal projections for the budgets of the Federation, Länder, local authorities and social security funds (including their off-budget entities). The projections are based on current trends and planning, such as the draft 2020 federal …
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Climate action Sound financing for effective and socially equitable climate action
Today the federal cabinet has approved the draft supplementary federal budget for 2020 and the draft budget for the Energy and Climate Fund for 2020. Today’s decision has created the budgetary conditions for rapid implementation of the Climate Action Programme agreed by the German government on 25 September 2019.
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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.
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Climate action Sustainable Finance Committee takes up work
The German government created a Sustainable Finance Committee on 6 June 2019. The Committee’s purpose is to advise the German government as it drafts and implements a sustainable finance strategy, as well as to pool existing expertise and foster dialogue between the relevant players.