State aid for Karstadt and Kaufhof: CDU economic council warns of further credit

Justus Haucap had already guessed it. “The structural problems of Galeria Karstadt Kaufhof are likely to persist even after the pandemic,” said the former President of the Monopolies Commission when WELT asked him in January about his assessment of state aid of 460 million euros. It’s that time of year again. The department store group … Read more

US propose global rate of at least 15 percent

May 21, 2021 at 1:21 am Company headquarters do not matter : USA propose worldwide corporate tax of at least 15 percent – US President Joe Biden at the White House in Washington on Thursday. Photo: AFP / NICHOLAS KAMM – – Washington A minimum tax for companies has so far failed in the EU … Read more

Scholz sees only slight modifications in the case of planned borrowing | 11/22/20

From Andrea Thomas BERLIN (Dow Jones) – Federal Finance Minister Olaf Scholz expects only moderate changes in the federal government’s planned borrowing despite the ongoing corona pandemic and financial aid for affected companies. “We have planned to raise a little more than 300 billion euros for the year 2020 and 2021 together. That will stay … Read more

Scholz wants to promote mandatory reporting for digital platforms

DJ Scholz wants to promote mandatory reporting for digital platforms By Andreas Kißler BERLIN (Dow Jones) – Federal Finance Minister Olaf Scholz (SPD) wants to reach a resolution by the European Union (EU) on the more effective taxation of digital platforms by the end of the year. The Council of Finance Ministers is currently working … Read more

Business Summit: The first high point in the struggle for power and Merkel’s succession

Den Vogel shot down the recently rather successful Schleswig-Holstein SPD over Pentecost. The northern comrades, their state board decided on Pentecost Sunday, want to move into the upcoming election campaigns in federal (2021) and state (2022) with the demand for a 30-hour week with full wage compensation. The opportunity for the introduction of new, particularly … Read more

600 billion package to save large companies from destruction

Germany State aid 600 billion package to save large companies from destruction – – Status: 00:01 a.m. | Reading time: 3 minutes Olaf Scholz reaches deep into the state wallet – – Federal Finance Minister Olaf Scholz reaches deep into the state wallet. 150 billion euros should help small businesses and solo self-employed people through … Read more