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US News Merkel sees double strategy as stimulus package

13:06  06 june  2020
13:06  06 june  2020 Source:   dw.com

Angela Merkel about coronavirus: "We see how quickly infection can spread again"

 Angela Merkel about coronavirus: East German federal states are rushing to loosen, the "Corona Chancellor" has so far been silent. Now the prime ministers met with Angela Merkel. Afterwards, she criticized the move by Thuringia's Prime Minister Ramelow. © Tobias Schwarz / dpa According to Chancellor Angela Merkel, Germany is still at the beginning of the corona pandemic because there is still no vaccine or medication to treat.

With that in mind, Merkel ’s stimulus exceeded expectations. The package , including 57 measures from a sales-tax cut to a bonus for parents, was tailored to ensure as wide a reach as possible. Such German efforts are turning a page for the country after years of balanced budgets

With that in mind, Merkel ’s stimulus exceeded expectations. The package , including 57 measures from a sales-tax cut to a bonus for parents, was tailored to ensure as wide a reach as possible. -Jamie Rush. See his GERMANY INSIGHT. Similarly, the ECB has acted swiftly and boldly, in contrast

Bundeskanzlerin Angela Merkel (CDU) sieht im Konjunkturpaket der Bundesregierung eine Doppelstrategie aus kurzfristigen Maßnahmen gegen den Wirtschaftseinbruch und längerfristigen Maßnahmen gegen Klimawandel und für Digitalisierung. © John MACDOUGALL Chancellor Angela Merkel (CDU) sees the federal government's stimulus package as a double strategy consisting of short-term measures against the economic downturn and longer-term measures against climate change and digitalization.

Chancellor Angela Merkel (CDU) sees the federal government's stimulus package as a double strategy consisting of short and long-term measures. Given the worst economic downturn in the history of the Federal Republic, it was now "necessary to take courageous steps to get out of this crisis," said Merkel in her weekly video podcast on Saturday. At the same time, the longer-term future package deals with the fight against climate change and the digitalization of society.

Merkel declines Trump's invitation to attend the G7 summit in Washington, reports Politico

 Merkel declines Trump's invitation to attend the G7 summit in Washington, reports Politico SANTE-CORONAVIRUS-G7-GERMANY: Merkel declines Trump's invitation to attend the G7 summit in Washington, reports Politico © Reuters / POOL MERKEL DECLINES TRUMP INVITATION TO ATTEND G7 SUMMIT IN WASHINGTON, POLITICO REPORTS PARIS (Reuters) - German Chancellor Angela Merkel has declined the invitation of US President Donald Trump to a possible G7 summit in the United United, reports Politico on Friday.

With that in mind, Merkel ’s stimulus exceeded expectations. The package , including 57 measures from a sales-tax cut to a bonus for parents, was tailored to ensure as wide a reach as possible. -Jamie Rush. See his GERMANY INSIGHT. Similarly, the ECB has acted swiftly and boldly, in contrast

Chancellor Angela Merkel ’s coalition agreed on a sweeping 130 billion-euro (5 billion) stimulus package designed to spur short-term consumer spending and get businesses investing again. The wide-ranging plan to lift Germany out of the crisis unleashed by the coronavirus exceeded the top end

The effects of the "classic stimulus package" must "unfold in 2020 and 21", said the Chancellor. "The number of seven million short-time workers alone shows the difficult economic situation we are in," she said of the billion-dollar additional expenditure.

"We are living in a time when the way of doing business is fundamentally changing due to two developments, firstly the encounter with climate change and secondly the digitalization of our society," Merkel emphasized further. Therefore, the future package included a hydrogen strategy, the stronger promotion of renewable energies, building renovation "and a complete change in the field of mobility, not only for cars in the classic sense due to changes in the direction of e-mobility, but also for commercial vehicles, for the railways and for the planes ".

FOCUS 1-Merkel and Scholz reject longer VAT cut

 FOCUS 1-Merkel and Scholz reject longer VAT cut * Chancellor: Extension cannot be financed * Scholz: Assume that Söder will keep his word (New throughout, more Merkel) Berlin, 04. Jun (Reuters) - Chancellor Angela Merkel and Finance Minister Olaf Scholz reject a possible extension of the planned VAT cut beyond December 31, 2020. "For me, this is a deadline," said Merkel on Thursday on ZDF. In the ARD, the CDU politician added: "We could not afford the financial losses in the long run. We would incur such unacceptable debts." Vice Chancellor

With that in mind, Merkel ’s stimulus exceeded expectations. The package , including 57 measures from a sales-tax cut to a bonus for parents, was tailored to ensure as wide a reach as possible. -Jamie Rush. See his GERMANY INSIGHT. Similarly, the ECB has acted swiftly and boldly, in contrast

Jun.02 -- German Chancellor Angela Merkel is looking to broker a compromise on a second German stimulus package . She’ll host officials from the ruling coalition of her party, the CDU and the Social Democrats as well as UP NEXT. NOW PLAYING: News. Merkel to Broker Second Stimulus Deal.

Merkel said about digitization, it is about "promoting artificial intelligence more, promoting quantum computing as a new method of computing for us with our own strategic skills". Another task is "to digitize the state faster, to make the services accessible to the citizens". Schools had to be able to offer digital lessons faster, because "in the time of the pandemic we have now seen where our weaknesses are".

"Overall, this is a comprehensive future package that will now take effect step by step," emphasized Merkel. Due to the sound budget management in recent years, Germany is now "able to react decisively and courageously". If the state did not give the necessary impetus now, "then it could be that we will have to incur more debts later," warned the Chancellor.

Union and SPD agreed on a package of measures with a volume of 130 billion euros on Wednesday to overcome the consequences of the corona pandemic and at the same time drive forward a future-oriented restructuring of the economy.

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Germany will lift border controls on Monday .
© AFP PHOTO / ODD ANDERSEN Angela Merkel. Germany will lift Monday, not Tuesday as initially planned, its border controls with its European neighbors, set up against the pandemic of new coronavirus, said Saturday the German Interior Ministry. Border controls will be lifted overnight Sunday to Monday, a spokesman for the ministry told AFP. The lifting of controls was initially planned for the night of Monday to Tuesday.

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