Bafög, student loan & Co .: Demand for KfW loans explodes

Berlin The demand for student loans from the state-owned KfW banking group rose sharply in the Corona year 2020. The number of applications rose by a whopping 140 percent from 20,300 in 2019 to 48,560 last year. This is shown by the response of the federal government to a small request from the Green parliamentary […]

State development bank: KfW reports record loan volume

KfW in Frankfurt The state bank plays an essential role in combating the economic consequences of the corona pandemic. (Photo: dpa) Frankfurt The corona crisis has driven the demand for loans from the state KfW to a record level and at the same time left the promotional bank in the red. “In the first half […]

Corona pandemic: can short-time work also reduce the entitlement to vacation?

If my employer has sent me short-time work, can he also shorten my vacation? Due to the coronavirus pandemic, the Federal Employment Agency is changing its approach. Berlin. During the corona pandemic, many companies had to send their employees on short-time work. For some, the working hours have been reduced to zero hours, others work […]

Merkel is positive about the extension of short-time work benefits

In the Corona crisis, companies and employees in Germany can hope for a significant extension of the short-time allowance. Federal Chancellor Angela Merkel (CDU) is “basically positive” on proposals to extend the period of reference to 24 months, said government spokesman Steffen Seibert on Monday in Berlin. The short-time work allowance has made a significant […]

The job market is starting again: Short-time work saves up to four million jobs

Thursday July 30, 2020 Light at the end of the tunnel: The consequences of the corona crisis on the German labor market are weakening. Unemployment rose only slightly in July. Yet hundreds of thousands more are looking for a job than a year ago. Short-time work also secures the job for millions of people. The […]