Government Budget Standoff: Uncertainty over Tax Increases, Subsidy Cuts, and Funding Guidelines for Various Sectors

Government Budget Standoff: Uncertainty over Tax Increases, Subsidy Cuts, and Funding Guidelines for Various Sectors

The government wants to increase taxes and duties to plug the hole in the budget. But savings should also be made. Many details are unclear, for example when it comes to car buyers. And the farmer. For four weeks, the leaders of the traffic light coalition fought with each other, session after session, over the … Read more

Private Equity Industry Celebrates Success in Berlin

In Berlin, the German private equity industry has just celebrated a fine success: its lobby association BVK welcomed Finance Minister Christian Lindner as a speaker at the annual meeting in the morning and Economics Minister Robert Habeck in the afternoon. Both were warmly received by the hundreds of listeners: not just the head of the … Read more

This is how high the KfW subsidy for new real estate is in 2023

new building Houses that meet special requirements for sustainable construction receive additional funding. Image: imago images/perspective Berlin How will the state bank KfW promote new construction in Germany in the future? This question has been driving the economy for months. The Federal Building Ministry has now presented the new conditions of the 750 million euro … Read more

Federal government refuses investment guarantees in China

– Folk Tales in Shanghai After the latest revelations about human rights violations, the federal government will apparently no longer protect VW in China for investments. – (Photo: dpa) – – – – Frankfurt For the first time, the Federal Ministry of Economics has refused a German company investment guarantees for China in connection with … Read more

Business in Russia: the federal government removes Hermes guarantees

Exporthafen Hamburg The federal government is canceling the loan guarantees for exports to Russia. – (Photo: dpa) – – – – Düsseldorf The federal government is now making it considerably more difficult for German companies to do business with Russia, even if their products are not on the European sanctions list, such as microchips or … Read more

Demand for KfW loans down during economic recovery

– “We are seeing strong demand for funding in the areas of climate change and the environment and, fortunately, a decline in demand for corona aid,” said Stefan Wintels, CEO, who has been in office since last October. At EUR 34.5 billion, demand for the program for the promotion of energy-efficient buildings, which was recently … Read more

Why the auto industry depends on the Taiwanese company

Munich, Berlin Away from your own works, towards TSMC, the world’s largest contract manufacturer. Investors took this step last week from the designated Intel-Chef Pat Gelsinger expected. But the manager refused. After he announced his decision in a conference call, the share price of the US group collapsed by almost ten percent. Intel had previously … Read more

Government argues instead of starting to catch up

Berlin In principle, everyone agrees – science, business and politics: In order to develop a German quantum computer, a national effort must be made, nothing less than the future viability of the German economy is at stake. The federal government has made two billion euros available for the next four years to promote quantum technology. … Read more