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News zu #Finance

According to Burkhard Jung (SPD), President of the German Association of Cities, the financial deficit of cities is at a record level. He is calling for the federal government's infrastructure billions to be distributed to local authorities quickly / Photo: Martin Schutt/dpa

Mayors push for federal billions to be distributed

Empty coffers, dilapidated schools, broken roads: East German mayors are sounding the alarm and insisting on rapid help from the federal special fund. President of the Association of Cities and Towns Jung also calls for reforms.

The Saxon CDU European politician Oliver Schenk warns against a centralization of competences in the EU (archive photo).  / Photo: Jan Woitas/dpa

Schenk warns against centralization in the EU

On Wednesday, the EU Commission will present the key points of its multi-year financial framework. It is unclear whether Saxony will be able to benefit from EU funds in the future as it has done so far.

Saxony's SPD parliamentary group leader Dirk Panter sees the initiative as an important impetus for the economic independence of eastern Germany / Photo: Elisa Schu/dpa

Start-ups in Saxony and Thuringia set to double

Saxony and Thuringia want to double the number of high-tech start-ups with a new initiative. From October, several million euros will flow into a network designed to position the East internationally.

Study: Municipal debt in Saxony has worsened (symbolic image). / Photo: Hendrik Schmidt/dpa-Zentralbild/dpa

Study: Municipal debt in Saxony has worsened

The maintenance of buildings and roads alone is too much for many cities and municipalities. Investments in the future are out of the question. Billions from the state could alleviate the hardship somewhat.

The funding gap at Saxony's hospitals is getting bigger and bigger. (Symbolic image) / Photo: Robert Michael/dpa

KGS calls for decision on double budget in June

Saxony's hospitals are sounding the alarm about a lack of budget funds. The hospital association warns: the state parliament must make a decision before the end of June - otherwise there is a threat of a care emergency.

At their state conference, Saxony's Young Socialists call for bold investments instead of cuts. (Archive photo) / Photo: Marijan Murat/dpa

Saxony's Jusos criticize black-red budget plans

At their state conference, Saxony's Young Socialists are calling for bold investments instead of cuts. With an initiative motion, they are sending a clear signal against the Saxon government's austerity measures.

An airplane takes off from Leipzig/Halle Airport / Photo: Jan Woitas/dpa-Zentralbild/dpa

Leipzig/Halle and Dresden airports need financial aid

The Mitteldeutsche Flughafen AG (MFAG) is in considerable financial difficulties. According to a report by the auditing company KPMG, MFAG, which operates Leipzig/Halle and Dresden airports, needs 145 million euros, as a spokesperson said on Tuesday in response to an inquiry. A restructuring and tra ..

Thomas Schmidt (CDU), Minister for Structural Development, Rural Areas and Construction in Saxony, speaks at a press conference in Markkleeberg town hall after an external cabinet meeting / Photo: Jan Woitas/dpa

Rural areas in Saxony continue to receive support

Rural areas in Saxony are to be supported with funding programs again this year. Saxony's Regional Development Minister Thomas Schmidt (CDU) announced on Thursday during a visit to the municipality of Mülsen in the district of Zwickau that €15 million and €3.5 million respectively would be available ..

A man holds a payment card in his hand during a press conference / Photo: Sven Hoppe/dpa

Vogtlandkreis issues payment card for asylum seekers from April

From April, asylum seekers in the Vogtland district will receive a payment card instead of cash. As the district administration office in Plauen announced on Wednesday, this is intended to counter possible misuse and the outflow of money to the countries of origin. In future, each asylum seeker will ..

A sign with the inscription "Allianz" can be seen at one of the insurance company's locations. / Photo: Sven Hoppe/dpa

Allianz increases shareholders' profit share

The insurance group Allianz wants its shareholders to participate more strongly in the development of its business. The regular distribution of the net profit for the year attributable to shareholders and adjusted for various elements is to be increased from 50 to 60 percent. In addition, Allianz is ..

A service employee opens the curtains in a hotel room in the private, owner-managed Berlin boutique and design hotel THE DUDE / Photo: Jens Kalaene/dpa-Zentralbild/dpa

Overnight stay tax also for business travelers in future

The accommodation tax for guests of Berlin hotels will also apply to business travelers from 1 April. The House of Representatives passed a corresponding amendment to the law by a large majority on Thursday.The tax was introduced in 2014 for private overnight stays in order to make travelers contrib ..