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Climate action "Climate policy will shape all policy areas"
On 18 October 2019, Federal Minister of Finance Olaf Scholz gave a speech on climate policy at the Council on Foreign Relations in Washington on the sidelines of the annual meetings of the IMF and World Bank Group in Washington. He made the points that coordinated action against climate change will be the defining issue for foreign policy and that it will become a business opportunity.
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g20 "Protectionism does not solve any problem and often hurts the poorest the most"
Ahead of this weekend’s G20 meeting of finance ministers and central bank governors in Buenos Aires, the Argentinian newspaper El Cronista published an interview with Finance Minister Olaf Scholz. In the interview, Scholz emphasises that international cooperation and free trade are essential for global prosperity. He also discusses the financial package agreed between Argentina and the IMF as …
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europe "We have some investment headroom and we are willing to use it"
Olaf Scholz, German finance minister and vice-chancellor, is the subject of a profile in The Economist magazine. Read more about his views on domestic budgetary policy and his ideas on how to deepen the euro zone and improve European sovereignty without jeopardizing the EU's overall cohesion.
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taxation “A minimum tax will ensure greater fairness in international tax law”
At the 6th International Tax Symposium in Berlin, Finance Minister Olaf Scholz expressed his support for a global minimum effective tax on companies. He also stated that the fair taxation of companies will be one of the priorities Germany’s EU Council presidency in the second half of 2020.
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Ministry “Germany has lost a great man.”
Wolfgang Schäuble on the death of Helmut Schmidt, who served as Germany’s Finance Minister from 1972 to 1974, before becoming Chancellor.
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europe “It is in our own interest to ensure that Europe is strong, sovereign and fair”
On 28 November 2018, German finance minister and vice-chancellor Olaf Scholz delivered a keynote speech on Europe at the Humboldt University in Berlin. He highlighted the importance of telling people in Germany and in other European countries what kind of European Union we are working towards and exactly what steps need to be taken.
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taxation “We should agree on an international minimum level of taxation”
In his speech at the Global Solutions Summit taking place in Berlin on 18 March 2019, German Finance Minister and Vice-Chancellor Olaf Scholz endorsed an international minimum level of taxation to ensure that states are able to finance their public goods. He also called for a multilateral approach, arguing that global problems such as climate change or social inequality can only be tackled …
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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.
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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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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 …