Entry ban makes Germans prisoners

New York, Washington Alexandra’s father has been in a German hospital for a long time after a serious operation. His daughter, who lives in the USA, cannot visit him. Because the German does not get an exception permit to then return to the United States. Alexandra * and her husband are stuck with their children. … Read more

Immediate aid, November aid: An overview of state corona aid

Application form for corona aid Many entrepreneurs are dependent on government support in the pandemic. – (Photo: dpa) – – – – Berlin Economy Minister Peter Altmaier (CDU) and Finance Minister Olaf Scholz (SPD) have announced one aid program after another for the economy since the beginning of the pandemic. Aid amounting to 89.4 billion … Read more

China: Germany defends itself against investors

Berlin. The number of takeovers of German companies by Chinese investors has fallen. According to one study, it’s the calm before the storm. – IMST GmbH is a classic medium-sized company. 145 employees, sales before the corona pandemic of almost 14 million euros, the company headquarters in Kamp-Lintfort on the Lower Rhine, not far from … Read more

Globalfoundries wants to expand the plant in Dresden on a large scale

– Globalfoundries The American chip manufacturer Globalfoundries wants to massively expand its plant in Dresden. – (Photo: dpa) – – – – Munich For years, Globalfoundries in Dresden had to struggle with excess capacities. That is now history: “We have been working to full capacity since last quarter,” said Manfred Horstmann, site manager of the … 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

Put ideology aside: Altmaier suggests longer opening hours

The slump in the German economy as a result of the Corona crisis is still not entirely foreseeable. But it is already clear that the extent is historical. Economics Minister Altmaier now outlines how a go-around could be encouraged. Federal Minister of Economics Peter Altmaier calls for a renunciation of ideological ideas to stimulate the … Read more

Tough but fair: “A purchase premium for cars would be the absolute lowest point”

Germany wakes up from the shutdown: factories start producing again, the shops are open, but the corona virus dampens the desire to shop. Many customers stay away, hardly anyone plans large investments. “How does the economy come from the rigidness of Corona? ”Asks Frank Plasberg in his program. So: How do you get Germans to … Read more

The solar industry defies Corona

From January to March, the photovoltaic (PV) group increased its sales by 60 percent compared to the previous year. Incoming orders even increased by more than 140 percent. “You rub your eyes a bit,” Solarwatt boss Dietmar Neuhaus rejoices. One was optimistic, “but we did not expect such a result”. And the medium-sized company from … Read more

Corona- harder than the financial crisis: Altmaier sees “deeper” economic downturn

The current measures in the fight against the coronavirus pandemic are pushing the German economy to its limits. Experts expect a significant slump this year. Federal Minister of Economics Altmaier sees it that way, but also a glimmer of hope. According to Federal Minister of Economics Peter Altmaier from the CDU, the economic downturn caused … Read more