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The cabinet makes social cohesion and modernisation priorities

By   /  March 23, 2019  /  Deutschland, English, German Ministry of Finance  /  Comments Off on The cabinet makes social cohesion and modernisation priorities

Source: German Ministry of Finance – in English 20 March 2019 Economy and Finances On 20 March 2019, the federal cabinet adopted the benchmark figures for the 2020 federal budget and the financial plan to 2023. The government is planning record-level investments, the biggest tax cuts in over 10 years as well as comprehensive measures […]

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Provisional closure of the 2018 federal budget – well-managed budgets and record investments

By   /  January 31, 2019  /  Deutschland, English, German Ministry of Finance  /  Comments Off on Provisional closure of the 2018 federal budget – well-managed budgets and record investments

Source: German Ministry of Finance – in EnglishWell-managed budgets For the fifth year in a row, a balanced budget was achieved without new borrowing. This was accomplished without having to draw on existing reserves, despite increasing expenditure. The provisional data shows that the Federation achieved a structural surplus of roughly 0.15% of gross domestic product […]

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KfW acquires temporary stake in German TSO 50Hertz on behalf of the Federation

By   /  July 27, 2018  /  Deutschland, English, German Ministry of Finance  /  Comments Off on KfW acquires temporary stake in German TSO 50Hertz on behalf of the Federation

Source: German Ministry of Finance – in English 27 July 2018 Ministry Acting on behalf of the Federal Government, Germany’s development bank, the Kreditanstalt für Wiederaufbau, has acquired a temporary stake in transmission system operator 50Hertz. The company supplies electricity to some 18 million people in Germany and is a key player in putting the […]

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Report on Germany’s public finances sent to EU: Budget surpluses amid a strong upturn

By   /  April 25, 2018  /  Deutschland, English, German Ministry of Finance  /  Comments Off on Report on Germany’s public finances sent to EU: Budget surpluses amid a strong upturn

Source: German Ministry of Finance – in English 18 April 2018 Public Finances On 18 April 2018, the federal cabinet adopted the German Stability Programme for 2018. Germany will now send the programme to the European Commission and the ECOFIN Council, thereby fulfilling its obligations under EU rules to submit its medium-term fiscal plans to […]

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Press conference with Wolfgang Schäuble and Bruno Le Maire

By   /  May 22, 2017  /  Deutschland, English, German Ministry of Finance  /  Comments Off on Press conference with Wolfgang Schäuble and Bruno Le Maire

MIL OSI – Source: German Ministry of Finance – in English – Headline: Press conference with Wolfgang Schäuble and Bruno Le Maire Minister and State Secretaries The German Finance Minister is the member of government responsible for all aspects of Germany’s fiscal and tax policy, the general scope of economic and monetary policy, and the […]

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Joint press release by Schäuble and Le Maire

By   /  May 22, 2017  /  Deutschland, English, German Ministry of Finance  /  Comments Off on Joint press release by Schäuble and Le Maire

MIL OSI – Source: German Ministry of Finance – in English – Headline: Joint press release by Schäuble and Le Maire On the 22nd of May Wolfgang Schäuble, Federal Minister of Finance of Germany, and Bruno Le Maire, Economy Minister of France, met in Berlin a week after the meeting of Angela Merkel, Federal Chancellor […]

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German Finance Ministry establishes Fintech Council

By   /  April 5, 2017  /  Deutschland, English, German Ministry of Finance  /  Comments Off on German Finance Ministry establishes Fintech Council

MIL OSI – Source: German Ministry of Finance – in English – Headline: German Finance Ministry establishes Fintech Council Digital technologies are spreading rapidly in the financial sector. Innovations in information and communications technology are enabling new types of business models, transforming value chains and creating new distribution channels for financial services. This is leading […]

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Special edition stamp commemorating the German G20 Presidency

By   /  March 14, 2017  /  Deutschland, English, German Ministry of Finance  /  Comments Off on Special edition stamp commemorating the German G20 Presidency

MIL OSI – Source: German Ministry of Finance – in English – Headline: Special edition stamp commemorating the German G20 Presidency The G20 was originally launched in 1999. During the global financial crisis of 2008 2009, it grew into the leading forum for coordinating economic policy at the global level. The G20 encompasses the world’s […]

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Federal cabinet approves royalty restrictions to combat tax planning

By   /  January 28, 2017  /  Deutschland, English, German Ministry of Finance  /  Comments Off on Federal cabinet approves royalty restrictions to combat tax planning

MIL OSI – Source: German Ministry of Finance – in English – Headline: Federal cabinet approves royalty restrictions to combat tax planning On 25 January 2017, the German government approved a bill to combat harmful tax practices in connection with the assignment of rights. The aim is to stop multinational companies from using royalty payments […]

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Modifications to rules on residential mortgage lending

By   /  January 2, 2017  /  Deutschland, English, German Ministry of Finance  /  Comments Off on Modifications to rules on residential mortgage lending

MIL OSI – Source: German Ministry of Finance – in English – Headline: Modifications to rules on residential mortgage lending The new legislation adds precision to existing rules and enhances legal certainty in order to facilitate residential mortgage lending. For example, it specifies that credit scoring procedures can take into account increases in value resulting […]

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