Germany's government debt, including the financial obligations of the federal government, national governments and municipal bodies, was at the end of the first quarter of this year 2.042 billion euro - said on Monday the Federal Statistical Office (Destatis) in Wiesbaden
According to him it is about 42.3 billion euro or 2.1 percent more than a year earlier.
Debts of the federal government and its external budgets (including funds to stabilize financial markets and the funding of depreciation) increased during this period of 12.5 billion euro to 1 286.2 billion - an increase of 1 percent. Financial obligations of the Länder, also taking into account their external budgets, amounted at the end of the first quarter of this year 622.7 billion – about 23.8 billion (4 percent) more than on 31st March 2011.
French Finance Minister Pierre Moscovici said on Monday that the government of Prime Minister Jean-Marc Ayrault estimated that they needed 7-10 billion euro to reduce the budget deficit to 4.5 percent. GDP by the end of the year
Giving an interview TV channel ITEL Moscovici explained that the calculations are estimate, and the ministry "is waiting for official data." The Minister referred to the results of the audit, which he has commissioned to examine in depth the state of public finances - the agency EFE said.
Moscovici said on Monday in an interview that Paris will not achieve fiscal targets for 2012 without saving up these sums, but it will not mean painful budget cuts.
On 22 July this year, the Council of Ministers published the objectives of the Minimum Wage Bill in its schedule of legislative and programme work. The Bill is to transpose Directive (EU) 2022/2041 of the European Parliament and of the Council of 19 October 2022 on adequate minimum wages in the European Union into Polish law.
The Bill:
- lays down the rules and procedure for setting and updating the minimum wage,
- appoints the Social Dialogue Council as a consultative body competent in matters related to setting and updating the minimum wage,
- regulates the reporting of the minimum wage,
- lays down the rules and procedure for setting and paying the minimum hourly rate.
Aid for energy-intensive sectors due to prices of natural gas and electricity in 2024. A new round of aid for energy-intensive sectors in connection with increased prices of natural gas and electricity will become available soon.
This will be the third scheme implementing the Act of 29 September 2022 on business aid schemes due to the energy market situation in 2022-2024.
Thu, Jul 25, 2024 10:00 AM - 11:15 AM CEST - Reden wir über Whistleblowing in Europa! Treffen Sie Experten aus Deutschland, Polen und Spanien beim Internationalen Experten-Rundtisch, einer Veranstaltung, die ganz dem Schutz von Hinweisgebern gewidmet ist. Erwerben Sie Expertenwissen über die Umsetzung von Whistleblowing-Praktiken in verschiedenen Ländern.
czytaj więcejThe Whistleblower Protection Act was published in the Journal of Laws on 24 June 2024. It introduces new requirements for, among other things, entities hiring at least 50 people. Smaller entities can also implement the solutions foreseen by this statute.
The obliged entities listed in the Whistleblower Protection Act have only three months to establish:
- effective, safe, confidential or anonymous channels for reporting breaches,
- procedure for reporting breaches (whistleblowing procedure),
- records of reports received.
International Expert Roundtable: e-Invoicing System (Poland, Germany, Romania, Turkey)
Event date 20 February 2024 online (the webinar will be in English)
Begin - end 10:00-11:15
A revolution in invoicing is coming. Is your company ready for it?
The e-invoicing system is a revolutionary tool for issuing and sharing structured invoices. Many countries are already using e-invoices in their daily work. How do you prepare to implement the system in your organisation? How does e-invoicing work in other countries?
Join us for a live-webinar where Rödl & Partner experts will describe the implementation of the e-Invoicing System in their countries: Poland, Germany, Romania and Turkey.