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Habeck launches tender for climate protection contracts: billions from the state 2024-03-12 14:39:55

DThe federal government wants to support the industry in becoming climate neutral with a funding program worth billions. On Tuesday, Federal Minister of Economics Robert Habeck (Greens) launched the first call for tenders for the so-called climate protection agreements. With these, the federal government wants to subsidize companies the additional costs for climate-friendly production compared … Read more

Federal Ministry of Economics Rejects State Funds for Nexperia in Hamburg Due to Chinese Connections: The Nexperia Case and Germany’s China Policy

2023-06-09 11:57:00 Berlin The Federal Ministry of Economics of Robert Habeck (Greens) does not support the chip manufacturer Nexperia with its plant in Hamburg with state funds as originally planned. The ministry announced on Tuesday that the EU Commission had approved funding for 31 chip projects in Germany. In December 2021, the ministry had submitted … Read more

Recession & continued inflation forecast

Federal Minister of Economics Robert Habeck The research institutes prepare their forecast for the Ministry of Economics every six months. (Photo: Archyde.com) Berlin The four leading economic research institutes expect the German economy to shrink. In their joint economic forecast, they expect gross domestic product to fall by 0.4 percent in 2023, as the Handelsblatt … Read more

Company wants to invest over a billion in 2022

Siltronic site in Freiberg CEO Christoph von Plotho ruled out a capital increase for the current year. (Photo: dpa) Munich The high-tech group Siltronic wants to become more profitable despite rising costs. This year, 34 to 37 percent of sales should remain as earnings before interest, taxes, depreciation and amortization, as the company announced on … Read more

Interview with Robert Habeck: “We have to prevent emigration”

Berlin Federal Economics Minister Robert Habeck (Greens) expects massive economic consequences in the event of a Russian invasion of Ukraine. If “Russia escalates the conflict further, the European Union will respond with tough economic sanctions in coordination with its partners,” Habeck told the Handelsblatt. “We’re prepared for that,” he added. One must say clearly “that … Read more

Globalwafers boss is fighting for a billion-dollar takeover of Siltronic

Doris Hsu The head of Globalwafers is sticking to the takeover of Siltronic despite resistance from the Federal Ministry of Economics. (Photo: Globalwafers) Munich, Berlin Globalwafers boss Doris Hsu still considers the takeover of the Munich rival Siltronic to be realistic. “Time is short, but legal approval is still possible,” Hsu told the Handelsblatt over … Read more

Rising energy prices: Federal government is examining loopholes

electricity meter Economics Minister Habeck wants to regulate low-cost providers more strictly. (Photo: dpa) Berlin Not only the energy turnaround will occupy the new federal government in the next few months – the chaos on the electricity market will add to that. Some energy discounters stop their deliveries, customers are sometimes confronted with high surcharges … Read more

Dax remains below the 16,000-point mark – the sell-off of Biontech & Co. suggests that the pandemic will subside

Dax curve The leading German index had reached several new record highs in the last stock market year. (Foto: Bloomberg Creative/Getty Images [M]) Düsseldorf The 16,000 mark seems to be a difficult hurdle for the leading German index, even if the Dax is up at the start of the week. The stock exchange barometer was listed … Read more