German FAZ: State implements rescue of Meyer Werft before Christmas008401

The federal and state governments are investing 400 million euros in equity capital and are temporarily taking over around 80 percent of the traditional shipyard from Papenburg. In addition, the public sector is securing bank loans worth 2.6 billion euros with guarantees. The owner family Meyer will hold around 20 percent in the coming years… Continue reading German FAZ: State implements rescue of Meyer Werft before Christmas008401

German FAZ: Election programs without oomph008400

A good two months before the early federal election, the election campaign is gaining momentum. Just in time for the vote of confidence from Chancellor Olaf Scholz (SPD) in the Bundestag, the CDU/CSU, SPD and Greens have completed their election programs. Economic policy takes up a lot of space in each case. But leading economists… Continue reading German FAZ: Election programs without oomph008400