News Digest Item
22 Aug 2017

“Government supports economy more than before”

Süddeutsche Zeitung

The federal government has supported Germany’s private economy with a record amount of financial assistance and tax exemptions in the current legislative period, reports Cerstin Gammelin in Süddeutsche Zeitung. According to the government’s draft subsidy report, seen by Süddeutsche, the state gives 1.8 billion euros annually for building renovation, subsidises domestic hard coal sales with more than a billion euros, and spends 650 million euros on energy efficiency support. The federal cabinet is to approve the draft report this week.

Read the article in German here.

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