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europe Olaf Scholz: Bundesbank conference “Future of Payments in Europe”
Views on Digital Payments from Germany’s EU Council Presidency.
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Financial markets Combating financial reporting fraud and strengthening controls over financial markets
Listed companies need to be more stringently controlled. On 7 October, the Federal Ministry of Finance presented the federal cabinet with an action plan to combat financial reporting fraud and to strengthen controls over capital and financial markets, which it drafted in cooperation with the Federal Ministry of Justice and Consumer Protection. Draft legislation will be presented shortly with the …
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financial_markets European Sustainable Finance Summit
As the European Sustainable Finance Summit gets underway, German Finance Minister Olaf Scholz and Environment Minister Svenja Schulze are calling on European companies to invest more in sustainable economic activities. The first survey, published today, on applying the EU taxonomy shows that just 2% of companies’ activities by revenue meet the taxonomy’s level of ambition for climate action and …
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europe Olaf Scholz: Virtual keynote speech for the Frankfurt Finance Summit
In his virtual keynote address at the opening of the 2020 Frankfurt Finance Summit, Finance Minister Olaf Scholz speaks about Germany's effective crisis support programme & emphasises the importance of a strong European response to the coronavirus pandemic.
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financial_markets Franco-German Fiscal Policy Seminar 2020
For the first time, the Fiscal Policy Seminar will take place on 8-9 October 2020 as a joint Franco-German event. We are looking for research papers that present new and innovative ideas. This year’s topic: “Economic lessons from the COVID-19 pandemic – first findings”. We are now accepting submissions. An independent jury will choose the best papers from the entries received. The selected authors …
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financial_markets Sustainable finance
The COVID-19 pandemic and climate change highlight how important the United Nations’ 17 Sustainable Development Goals (SDGs) are to economic growth and financial market stability. SDG 3 aims to ensure healthy lives for all, while SDG 13 focuses on climate action.
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Financial markets Large-scale federal assistance to protect businesses and jobs
German government activates the Economic Stabilisation Fund
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financial_markets Developing the Capital Markets Union
Olaf Scholz, German Finance Minister, Wopke Hoekstra, Minister of Finance of the Netherlands and Bruno Le Maire, Minister of Economy and Finance of France, received the “Savings and Sustainable Investment Union” report by the Next Capital Markets Union High-Level Group on 9 October 2019. They thanked the Next CMU Group for their high-quality work and welcome the ambitious recommendations in a …