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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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Coronavirus Additional KfW Special Programme 2020 for the economy to be launched today
Businesses will be provided with additional support and may submit applications as of now. KfW will assume up to 90 per cent of the risks and cut interest rates.
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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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Coronavirus Comprehensive assistance during the coronavirus pandemic
Many companies, self-employed people and freelancers have been affected by closures and major revenue losses due to the coronavirus pandemic. Comprehensive assistance is available to support them.
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Coronavirus Comprehensive pandemic assistance programmes
Companies and self-employed individuals are still affected by the coronavirus pandemic despite the economy starting to recover and restrictions being eased. In order to provide support where it is still needed, the Temporary Aid Programme IV, one of Germany’s central assistance programmes, is being extended to the end of June 2022. The Fresh Start Assistance programme, which is targeted …
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Coronavirus Coronavirus: immediate federal economic assistance now available
Implementation of the federal scheme now ready in the German Länder
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Public finances Draft 2019 budget and financial plan to 2022: forward-looking, fair and responsible
On 6 July 2018, Germany’s federal cabinet adopted the government draft for the 2019 federal budget and the financial plan to 2022.
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Coronavirus Emerging from the crisis with full strength
VAT in Germany will be reduced for a temporary period starting on 1 July 2020. The German Bundestag and Bundesrat have passed the Coronavirus Tax Assistance Act, which implements key parts of Germany’s unprecedented stimulus package. On top of the reduced VAT rate, measures include a bonus for families with children as well as extensive tax relief for single parents, businesses and other …
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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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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 …