Finance minister Scholz plans billions in protection for municipalities

Olaf Scholz The Federal Minister of Finance wants to help the municipalities to compensate for the lack of tax revenue from the corona crisis. (Photo: Reuters) Berlin Federal Finance Minister Olaf Scholz wants to support the municipalities that have run into financial problems in the corona crisis with almost 57 billion euros. The “Rheinische Post” […]

The government is expected to suspend the debt brake in 2021

Finance Minister Olaf Scholz at the presentation of the latest tax estimate The federal government has drawn for the first time this emergency option, which provides for the constitutional debt brake for natural disasters or other major unforeseen events. (Photo: dpa) Berlin At the presentation of the tax estimate on Thursday, Federal Finance Minister Olaf […]