“Liquidity must not become a debt crisis”

Berlin State Secretary for Economic Affairs Thomas Bareiß (CDU) is to become the Federal Government’s new representative for medium-sized companies. The Handelsblatt learned from the Federal Ministry of Economics. The personnel in the cabinet should be decided on this Wednesday. Bareiß wants to support further help for small and medium-sized businesses, as he announced in […]

“We also have to create new jobs”

Enzo Weber The professor heads the research area forecasting and macroeconomic analysis at the Institute for Labor Market and Vocational Research (IAB). (Photo: picture alliance / IAB / dpa) Enzo Weber is head of the research area forecasting and macroeconomic analysis at the Institute for Labor Market and Vocational Research (IAB), the think tank of […]

liquidity

Empty in the pedestrian zone Many companies expect a large drop in sales, and most of the shops are closed. (Photo: dpa) Frankfurt, Berlin German companies expect the corona crisis to have a drastic impact and fear for their financial strength. Almost 20 percent of companies fear that they will go bankrupt. 80 percent expect […]

Strategy: Companies are demanding European industrial electricity prices

Berlin The EU Commission does not lack ambitious goals in its industrial strategy. Everything will be done to support companies on their way to climate neutrality and to strengthen their competitiveness, according to the paper presented on Tuesday. In practice, however, there is no trace of this. On the contrary: Well-known companies see their opportunities […]

Opel plans to extend short-time work in Rüsselsheim

Technical development center in Rüsselsheim The carmaker is considering sending the site workers longer into forced labor. (Photo: AP) Hamburg The PSASubsidiary wants to send employees in production in Rüsselsheim on compulsory vacation for longer. A spokesman confirmed that the works council was in talks about a possible extension. So far, it should expire at […]

The French government sees protection needs for companies

Bruno Le Maire France’s economy minister plans a four billion stability fund. (Photo: AFP) Paris France’s Ministry of Economy and Finance is convinced that its new sovereign wealth fund will meet the needs of the private sector. The billion dollar fund “Lac d’argent” (“Silver Lake”) under the care of the state-owned investment bank BPI is […]