The Kremlin has completely lost touch with reality – Peskov rejects state funding for Wagner, although in June Putin said exactly the opposite. In June, Vladimir Putin admitted that Wagner mercenaries received funding from the state budget of the Russian Federation. However, on August 25, Presidential Press Secretary Dmitry Peskov declaredthat this PMC never received … Read more
Construction site home Building is more expensive than it has been for a long time. (Photo: Ingo Bartussek – stock.adobe.com) München Anyone who takes out a construction loan today pays interest that is a good three and a half times as high as before spring 2022. “Another increase, albeit a slight one, is more likely … Read more
Status: 08/14/2023 07:19 a.m Sharply increased interest rates at the state development bank KfW are making life difficult for students. Many can no longer afford the installments for their loan and are considering dropping out of college. by Mandy Sarti The KfW student loan is intended to enable young people to study: For example, when … Read more
However, they are still about two and a half times higher than they were two years ago. In August 2021, the average interest rate offered on new mortgages was 2.67 percent. “It is still more about cosmetic adjustments than some dramatic change in the trend towards lower rates,” said Jiří Sýkora, a mortgage analyst at … Read more
The crowdlending platforms Lend and Swisspeers rely on their community and finance themselves through crowd investing. Crowdlending platforms trust the crowd and vice versa. That is in the nature of the business model. Crowdlending companies turn the crowd into investors. With the money from these investors, they grant loans to private individuals and SMEs. Usually … Read more
Social entrepreneurs play a crucial role in creating innovative solutions to address social and environmental challenges. However, one of the biggest challenges they face is financing their projects. In fact, there are loan options designed specifically for social entrepreneurs, providing them with financing for their projects aimed at having a positive impact. In this article, … Read more
Xinhua News Agency, Beijing, July 10th Question: Two departments including the central bank extended two financial policies to provide continuous and stable support for real estate companies Xinhua News Agency reporter Wu Yu The People’s Bank of China and the State Administration of Financial Supervision issued a notice on the 10th to adjust the two … Read more
Thuringia wants to spend more money on theaters and orchestras in the future. From 2025 onwards, expenditure should gradually increase – from the current 85 million to 115 million euros in 2032. This emerges from a cabinet decision presented by Minister of Culture Benjamin-Immanuel Hoff (left) on Tuesday in Erfurt. However, 2028 should be renegotiated. … Read more
Frankfurt When the top managers of billionaire private equity funds gather in Berlin this week for the Super-Return Conference, some will wonder whether the world’s most important meeting place for the industry is still rightly named. A whole range of stress factors is putting pressure on the business model of financial investors. The long phase … Read more
Berlin – In the debate about the heating law, the CDU Hamburg proposed financing heat pumps and other forms of heating via KfW loans. “The state could unconditionally take over the financing for all heat pumps, or for another suitable heating system. The citizens would get the money for the device and for the installation,” … Read more