Press Releases

Enter search term

Search results


  1. 6 April 2020

    Ger­man gov­ern­ment adopts more ex­ten­sive Quick Loan Pro­gramme

    In light of the challenges posed by the coronavirus crisis, the German government is launching an additional extensive programme to its protective shield for small and medium-sized businesses. Based on the modified Temporary Framework for state aid measures published on 3 April 2020 by the European Commission, the German government is now introducing a comprehensive Quick Loan Programme (KfW-Schnellkredit) for small and medium-sized businesses. The programme will be run by the government-owned promotional bank KfW.

  2. 1 April 2020

    Coro­n­avirus: im­me­di­ate fed­er­al eco­nom­ic as­sis­tance now avail­able

    Implementation of the federal scheme now ready in the German Länder

  3. 23 March 2020

    Large-scale fed­er­al as­sis­tance to pro­tect busi­ness­es and jobs

    German government activates the Economic Stabilisation Fund

  4. 23 March 2020

    Ger­man gov­ern­ment adopts sup­ple­men­tary bud­get for 2020

    German government adopts supplementary budget for 2020

  5. 23 March 2020

    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.

  6. 23 March 2020

    Ger­man gov­ern­ment an­nounces €50 bil­lion in emer­gen­cy aid for small busi­ness­es

    Finance Minister Olaf Scholz and Economic Affairs Minister Peter Altmaier today unveiled a comprehensive package of additional measures, including up to €50 billion for small businesses, self-employed individuals, and members of the liberal professions.

  7. 29 January 2020

    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).

  8. 14 November 2019

    Cab­i­net ap­proves near-com­plete abo­li­tion of sol­i­dar­i­ty sur­charge

    On Wednesday, the federal cabinet approved draft legislation to reduce the solidarity surcharge. If the bill is passed, the surcharge will, starting in 2021, be completely eliminated for around 90% of those who currently pay it. For a further 6.5% of taxpayers, the surcharge will be reduced. As a result, 96.5% of today’s surcharge payers will be better off.

  9. 30 October 2019

    Re­sults of the 156th meet­ing of the Work­ing Par­ty on Tax Rev­enue Es­ti­mates

    The Federation, Länder and local authorities can continue to expect higher tax revenues in the coming years. According to current tax estimates, tax revenues will rise from €796.4bn in 2019 to around €935.0bn in 2024. The trend will be somewhat better for the Länder and local authorities than for the Federation, however. Overall, the Working Party on Tax Revenue Estimates has corrected its revenue expectations slightly downwards.

  10. 16 October 2019

    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.