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Michael Kellner, Parliamentary State Secretary at the Federal Ministry for Economic Affairs / Photo: Bernd von Jutrczenka/dpa

Ministry of Economic Affairs: Closure of solar plant depressing

The Federal Ministry of Economics has expressed its disappointment at the closure of solar module manufacturer Meyer Burger's plant in Saxony. "The news from Freiberg is depressing," explained Parliamentary State Secretary Michael Kellner on Tuesday. He added that they were aware of the very serious ..

A ballpoint pen lies on an application to open insolvency proceedings. / Photo: Jonas Walzberg/dpa

Fewer consumers insolvent: but more companies

The State Statistical Office in Saxony registered an opposing trend in insolvencies last year. The number of consumer insolvencies fell slightly, while the number of corporate insolvencies rose sharply. As the authority announced on Wednesday, a total of 2944 insolvency proceedings were reported for ..

Saxony's Minister President Michael Kretschmer sits in a press conference / Photo: Jan Woitas/dpa/Archivbild

Saxony's Minister President calls for rescue package for solar industry

Saxony's Minister President Michael Kretschmer (CDU) has called for a rescue package for the solar industry from the federal government and the EU. The industry is important for the economic strength and sovereignty of Germany and Europe, said Kretschmer on Wednesday. The federal government and the EU must finally act. Otherwise, many jobs in the East would be at risk.