Thuringia’s Development Bank to Expand Loan Programs with Increase in Equity Capital

Thuringia’s Development Bank to Expand Loan Programs with Increase in Equity Capital

Erfurt (dpa/th) – Thuringia’s development bank should be given more financial leeway to expand its loan programs. The state should now work to ensure that more low-interest loans are available for municipal investments, restructuring the economy and families building and purchasing their own homes, explained the parliamentary managing director of the CDU parliamentary group, Andreas … Read more

Financial markets: ECB describes the situation on the financial market as “fragile”

Financial markets: ECB describes the situation on the financial market as “fragile”

The European Central Bank (ECB) believes that the European financial markets are in a fragile state due to the rapidly rising interest rates. “The weak economic outlook and the consequences of high inflation are weighing on the ability of people, companies and governments to service their debts,” ECB Vice President Luis de Guindos said on … Read more

Ways to Save on Car Insurance as Insurers Announce Massive Price Increases

Ways to Save on Car Insurance as Insurers Announce Massive Price Increases

The car insurers have announced massive price increases, and drivers are currently receiving letters with the new prices. But there are some ways to save. For example, simply calling the insurer and threatening to change provider often helps. And if you actually look for a new provider, you can expect a smaller increase. 2023-11-06 12:36:19 … Read more

Liability and Insurance Coverage for Damage Caused by Children: An Overview

Liability and Insurance Coverage for Damage Caused by Children: An Overview

The five-year-old rips the expensive progressive glasses off her grandma’s head while she’s playing and the glasses break. Cell phones of visitors to the apartment fall victim to children running around, and the coffee table is hit during a ball game. The damage can quickly reach four figures. But who is liable for the damage … Read more

ECJ’s Impending Judgment Puts Schufa Credit Agency Under Pressure: Unusual Letter Signals Nervousness

ECJ’s Impending Judgment Puts Schufa Credit Agency Under Pressure: Unusual Letter Signals Nervousness

An impending judgment by the ECJ puts the credit agency under pressure. The court examines whether the assessments by Schufa violate the General Data Protection Regulation. Now she has sent an unusual letter. A few days ago, Schufa sent a letter that caused a lot of confusion among the recipients – and shows how nervous … Read more

UBS Settles Lawsuit Inherited from Credit Suisse with Lukas Hässig and Inside Paradeplatz

UBS Settles Lawsuit Inherited from Credit Suisse with Lukas Hässig and Inside Paradeplatz

This lawsuit could have cost Lukas Hässig his existence: In December, the Swiss financial journalist announced that the major Swiss bank Credit Suisse, which was still independent at the time, had filed a lawsuit against him and his portal Inside Paradeplatz. The blog, almost a one-man operation, is read intensively in banking circles. Irrespective of … Read more

Insurers Face Significant Losses as Car Freight Fire Costs Soar to Millions

Insurers Face Significant Losses as Car Freight Fire Costs Soar to Millions

According to information from industry circles, the fire on the car freighter “Fremantle Highway” will cost insurers at least 240 million euros and up to 300 million euros. The calculation of the experts is as follows: Per new car on the ship, you can expect an average of 50,000 euros in damage, with the Rolls … Read more

Redefining Schufa: Striving for Transparency and Changing Public Perception

Redefining Schufa: Striving for Transparency and Changing Public Perception

The credit agency Schufa is a powerful institution in Germany. She has data on more than 60 million people, and her assessment of someone’s creditworthiness determines the future of many people every day. If your own value is low, you can only get a rented apartment or a loan with a bang and bang. The … Read more

Sparakasse Branch Manager Receives “Förderprofi 2022” Award: Insights into Promotional Loans, Heat Pumps, and Turf Financing

Sparakasse Branch Manager Receives “Förderprofi 2022” Award: Insights into Promotional Loans, Heat Pumps, and Turf Financing

The head of the Sparkasse branch in Bergkirchen was awarded the “Förderprofi 2022” award. But how exactly do you become that? And: For whom is it worth taking his help? A conversation about loans, heat pumps and turf. Alexander Brunner, head of the Sparkasse branch in Bergkirchen, received the “Förderprofi 2022” award. The Bayerische Landesbank … Read more