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1. 27 May 2019

   German Financial Stability Committee recommends activating countercyclical capital buffer and releases sixth annual report

   In its meeting on 27 May 2019, the German Financial Stability Committee (G-FSC) decided to submit a recommendation to the German Federal Financial Supervisory Authority (BaFin). It is recommending to BaFin that the domestic countercyclical capital buffer (CCyB) be activated as from the third quarter of 2019 and lifted to 0.25%.

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2. 20 March 2019

   The cabinet makes social cohesion and modernisation priorities

   On 20 March 2019, the federal cabinet adopted the benchmark figures for the 2020 federal budget and the financial plan to 2023. The government is planning record-level investments, the biggest tax cuts in over 10 years as well as comprehensive measures to boost social cohesion, ensuring that everyone in the country benefits from Germany’s economic success.

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3. 15 January 2019

   Provisional closure of the 2018 federal budget – well-managed budgets and record investments

   On 15 January 2019, the Federal Ministry of Finance presented the provisional closure of the 2018 federal budget. It showed that budgets have been well-managed while investments reached record levels. The provisional data shows that the Federation achieved a structural surplus of roughly 0.15% of gross domestic product (GDP) in 2018, thus meeting the requirements of Germany’s constitutional debt brake.

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4. 27 July 2018

   KfW acquires temporary stake in German TSO 50Hertz on behalf of the Federation

   Acting on behalf of the Federal Government, Germany's development bank, the Kreditanstalt für Wiederaufbau, has acquired a temporary stake in transmission system operator 50Hertz. The company supplies electricity to some 18 million people in Germany and is a key player in putting the country's energy transition into practice.

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5. 6 July 2018

   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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6. 18 April 2018

   Report on Germany’s public finances sent to EU: Budget surpluses amid a strong upturn

   On 18 April 2018, the federal cabinet adopted the German Stability Programme for 2018. Germany will now send the programme to the European Commission and the ECOFIN Council, thereby fulfilling its obligations under EU rules to submit its medium-term fiscal plans to Brussels by the end of April each year. In the Stability Programme, Germany reports on its compliance with the requirements of the Stability and Growth Pact.

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7. 22 May 2017

   Joint press release by Schäuble and Le Maire

   Finance Minister Wolfgang Schäuble met with his French counterpart Economy Minister Bruno Le Maire on 22 May 2017 in Berlin only one week after the meeting of Federal Chancellor Angela Merkel and French President Emmanuel Macron. Both ministers agreed that Germany and France have to play a crucial role in strengthening the European Union in these currently challenging times.

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8. 22 March 2017

   German Finance Ministry establishes Fintech Council

   Digital technologies are spreading rapidly in the financial sector. Innovations in information and communications technology are enabling new types of business models, transforming value chains and creating new distribution channels for financial services. This is leading to both opportunities and challenges for society, politics and business.

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9. 13 March 2017

   Shaping an interconnected world

   To commemorate Germany’s G20 presidency, the Federal Ministry of Finance issued a special-edition postage stamp. The stamp depicts a reef knot, which Germany selected as the logo for its G20 presidency. The special edition stamp has a value of 70 cents and entered circulation on 1 March 2017. It is available for purchase at Deutsche Post retail outlets.

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10. 27 January 2017

    Federal cabinet approves royalty restrictions to combat tax planning

    On 25 January 2017, the German government approved a bill to combat harmful tax practices in connection with the assignment of rights. The aim is to stop multinational companies from using royalty payments to shift their profits to countries with special preferential regimes (known as patent box, license box or IP box regimes) that are not in line with the requirements developed by the BEPS project of the OECD and the G20.

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