Finance Archives - Aimcfo https://aimcfo.com/category/finance Wed, 19 Apr 2023 21:58:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.2 Minister kaniber criticized https://aimcfo.com/minister-kaniber-criticized.html https://aimcfo.com/minister-kaniber-criticized.html#respond Sat, 08 Apr 2023 07:30:52 +0000 https://aimcfo.com/?p=5133 The mood at the moment is anything but good, michaela kaniber (CSU) admitted right at the start of her speech. She also does not want to paint anything in rosy … Read More

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Minister kaniber criticized

The mood at the moment is anything but good, michaela kaniber (CSU) admitted right at the start of her speech. She also does not want to paint anything in rosy colors. The situation had already been discussed at the meetings held at the "zur sonne" inn assembled farmers also little use. Although there were no demonstrations in lonnerstadt during the minister’s visit, as there had been the day before in kulmbach, there was still a lot of criticism. Nevertheless, the discussion was heated, and the minister had to deal with a lot of criticism.

The farmers have rough problems: forest ban on grassland, orchards as biotopes, dung ordinance and the designation of red areas, reduction of pesticides, water margins and more are giving them a hard time. "The farmer can no longer manage all this in his brain", a farmer from schirnsdorf found. In the process, farmers feel they are being left alone. For all that "the farmers’ association is currently holding back heavily", was heard in lonnerstadt.

The minister of state and her deputy walter nussel could not stop arguing. The drop that "brought the barrel to overflow", was according to the words of the minister the people’s petition "save the bees". By the way, the most successful citizen’s petition of all time, as michaela kaniber emphasized. You can’t let it disappear in a drawer. Now a "companion bill" is being drafted in the state parliament cast in mold. Without changing the target direction, the inadequacies of the petition for a referendum are to be "cured" as far as possible become. What in this accompanying law everything "packed into" the minister tried to mediate.

Above all, one should rely on voluntariness. Not everything is obligatory; individual farm decisions must remain possible. We won’t be able to get by without crop protection either. For walter nussel it is very important that in the future all ordinances must be passed by cabinet. "I’ll fight you to the knife", so nussel.

After all, agriculture, together with the food and forestry industries, is the second most important economic sector in bavaria after the automotive industry. The fact that above all consumer behavior must change brought the speakers applause. The consumer wants organic quality, but is not willing to pay higher prices. If a liter of mineral water costs more than a liter of milk, the minister thinks something is wrong. She believes that the right way "is through the quality of the products".

In the discussion that followed, one speaker rejected the idea that agriculture is to blame for insect mortality. The real reason is "that the cow no longer grazes on the meadow". Another farmer reported how he was photographed at work and called a "dirty glyphosate sprayer" was insulted. Cutting crop protection in half is "distorting competition" for him. His rubies were "completely eaten away" been. The question is "what does the pole or the spaniard do??". The ordinance practically forces him to stop, because he doesn’t know what to do with the money.

He didn’t want to believe the politician that agriculture has a future. "You are our boss, you tell us what to do", he asked the minister. Kaniber saw it the other way around: "I need the practitioners. You must tell me what is right and what is wrong."



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Million euro aid fund for gdr home children https://aimcfo.com/million-euro-aid-fund-for-gdr-home-children.html https://aimcfo.com/million-euro-aid-fund-for-gdr-home-children.html#respond Thu, 30 Mar 2023 16:15:33 +0000 https://aimcfo.com/?p=5118 The federal government and the eastern german states are organizing the 1. July launches 40 million euro fund to pay for therapeutic treatment, counseling, and pension replacement benefits. A monthly … Read More

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million euro aid fund for gdr home children

The federal government and the eastern german states are organizing the 1. July launches 40 million euro fund to pay for therapeutic treatment, counseling, and pension replacement benefits. A monthly cash payment is not planned for the time being, said the parliamentary secretary of state in the federal family ministry, hermann kues (CDU), in berlin on monday.

The reappraisal of GDR home education has shown that violence and coercion were part of everyday life for many infants, children and adolescents. For this suffering, the former home children could never be compensated. "The missed opportunities in life cannot be undone materially."The fund, which is set up for five years, should rather be seen as a request for apology, emphasized mecklenburg-vorpommern’s social minister manuela schwesig (SPD).

The money is intended to help the victims alleviate the consequences of their childhood suffering. According to the data, between 1949 and 1990 there were more than 400,000 children in the homes and youth workshops of the GDR. The federal government and the eastern german states each want to fill half of the aid pot. A 120-million-euro fund has already been set up for former children from west german homes.

The report on the reappraisal of home education in east germany contains "shocking descriptions of conditions that are only rudimentarily known," said kues. The re-education to the socialist ideal man was humiliating. "The failure of the GDR system cannot be reduced to the stasi alone."

According to thuringia’s social affairs minister heike taubert (SPD), it is not yet clear how many former children in care will benefit from the fund. "Each person affected must decide for themselves whether to contact us," she said.



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Saddle party: it is cycled again https://aimcfo.com/saddle-party-it-is-cycled-again.html https://aimcfo.com/saddle-party-it-is-cycled-again.html#respond Thu, 16 Mar 2023 09:54:27 +0000 https://aimcfo.com/?p=5096 Andreas losch You can rely on it – as soon as winter closes in and the first sunny, warm days make a gray, cold franconia temporarily a thing of the … Read More

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Andreas losch

You can rely on it – as soon as winter closes in and the first sunny, warm days make a gray, cold franconia temporarily a thing of the past, they turn out: the cyclists. The habberge district, with its beautiful landscape, is a particularly popular destination for extensive tours.
So it was not difficult at all to find cyclists for this article. For this, the reporter only had to stand in front of the editorial office, because someone always cycles through zeil. But that would be too easy, so the frankischer tag took up position on the cycle path between sand am main and limbach and lo and behold: not a minute's wait and hermann and silvia kraub come cycling up.
The couple from trunstadt kindly let themselves be put out of step and answered the frankischer tag's questions. More often on the road by bike? "Yes, we ride as often as we can, preferably daily", says hermann kraub. 20 to 30 kilometers are then usually the goal. They like the cycle paths along the mains best: gentle, flat stretches, great nature – you can get there easily and still enjoy the landscape and the fresh air. The bike paths there are, according to hermann kraub, "quite good expanded.
He and his wife found their way around easily, the signposts were reliable and provided the right orientation. They put up with the fact that they have to use the normal county and state roads from time to time: that's not a problem for the couple, but it would certainly be desirable, especially for families with small children, for the bike paths to be expanded further.

725 kilometer route network

The network of cycle paths will hardly reach top level overnight, especially since the various communities in the district are always debating who will finance the costly construction of cycle paths and to what extent. The district of habberge has even set up a small demand program for a long time to promote the idea of a cyclist-friendly district. For some years now, bicycle tourism has also been advertised more intensively: on the website of the habberge-tourismus association it says: "a whole 725 kilometers of well-developed bicycle and theme routes lure visitors to the habberge to wine and wide landscapes, castles and beers, castles and lakes (…) hardly any other cycling region offers such a wealth and variety of palaces, castles steeped in history and historic half-timbered towns amidst an idyllic natural backdrop of gentle undulating hills."
The bike handlers are also following suit? Michael einbecker, owner of the bicycle shop "fahrrad schnaus in habfurt's city center, explains that the habberge district has always been a popular destination for cyclists. That tourism should be further challenged, however, he considers the right approach. From the dealer's point of view, the success story of the pedelec has been a real blessing. Around the year 2011, it started: numerous people changed from "normal" bikes to pedelecs bicycles on electric motor supported two-wheelers. In the meantime, the new models have reached a very high technical level, and the bikes are selling well. "The market is still growing," says, says einbecker.

E-bike boom

Michael barthel, marketing manager of the bike store, can do the same thing in habfurt's east business park: "out of ten bikes we sell, about seven are e-bikes, he explains. "And there are no age restrictions: young people as well as older people are on board."
At that time he was advising wolfgang kropp, who was thinking about buying a second e-bike. He came from weibenbrunn (city of ebern) – with his e-mountain bike. Now he wants to buy a trekking bike. Kropp also wants to ride his bike to work more often – the electric motor-assisted drive is an advantage: you don't arrive at work so sweaty – the distance he has to cover through the habberge "is relatively easy", says wolfgang kropp.



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Banking supervision divides europe https://aimcfo.com/banking-supervision-divides-europe.html https://aimcfo.com/banking-supervision-divides-europe.html#respond Tue, 14 Mar 2023 09:36:45 +0000 https://aimcfo.com/?p=5074 He referred to the decisions of the EU summit at the end of june, which stipulates that negotiations must be concluded by the end of 2012. German finance minister wolfgang … Read More

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Banking supervision divides europe

He referred to the decisions of the EU summit at the end of june, which stipulates that negotiations must be concluded by the end of 2012. German finance minister wolfgang schauble, however, interprets the decisions of the heads of state and government differently. The summit decision only talks about a review of the commission’s proposals by the end of the year. "We have complied with the request, we have already reviewed it"."

The supervisory authority is to be based at the european central bank (ECB) and, in the final stage, will control 6,000 money houses in the 17 euro countries. It is also the prerequisite for ailing institutions to be able to access loans directly from the euro rescue fund. The plans for a banking union, which would include not only banking supervision but also a common deposit guarantee fund, were only presented by the EU commission on wednesday.

Schauble is critical of the pace set by brussel. Expectations should not be raised on the financial markets "which we then have to fall short of," he emphasized in nikosia. Schauble denied that there was a dispute with moscovici over the timetable. It was agreed that a start should be made on 1 january. January if that were possible – "but it won’t be possible," schauble said. "There is no german-french controversy there." Moscovici said there were no tensions, but differences of opinion with schauble.

Eu internal market commissioner michel barnier insists on a quick start for european banking supervision. The EU also wants to prevent that further billions of aid for money houses already strained countries additionally burdened. "The timetable is realistic and necessary," barnier said, and is exactly in line with the summit decision in june.

The EU heads of state and government had agreed on the 29. June decided: "we affirm that it is crucial to break the vicious circle between banks and government bonds. The commission will be in short (…) propose a unified enforcement mechanism. We ask the council (the minister of finance) to review this proposal urgently by the end of 2012." The ECB vice president vitor constancio said the commission’s proposals "fully respect what the summit decided".

In the dispute over the power of the new supervisory authority, barnier stressed that it was not a question of the ECB directly supervising all banks right from the start. But the ECB must have the right to intervene in every financial institution if necessary. A step-by-step plan is in place: first, the central bank is to monitor financial institutions that receive aid, then major banks, and from 2014 onward, all credit institutions.

Thomas silberhorn, spokesman on european policy for the CSU parliamentary group in the german bundestag, told dpa that centralized banking supervision in the eurozone is "neither necessary nor sensible. Small and, above all, nationally or regionally active banks are particularly crisis-resistant and should not be lumped together with the big banks.

A joint deposit guarantee fund also meets with resistance in germany. It is unacceptable that the planned restructuring fund for ailing banks can draw on deposit insurance money, said silberhorn. That was "a brazen grab into the coffers at the expense of solid savers and for the benefit of windy financial jugglers".

Barnier rejected the accusation that he wanted to make german savers pay for banking crises in other countries. "I have never made such a proposal." Existing national funds for safeguarding savings should not be merged.

Even among countries that have not yet adopted the euro, there are concerns about new banking controls for the euro zone. States fear that the common internal market of all 27 EU countries could be divided for some 500 million people.



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Cattle farmers should get durre-help https://aimcfo.com/cattle-farmers-should-get-durre-help.html https://aimcfo.com/cattle-farmers-should-get-durre-help.html#respond Tue, 21 Feb 2023 13:15:29 +0000 https://aimcfo.com/?p=5055 In view of the impending shortage of fodder for livestock in many regions of germany, livestock farmers can count on rapid emergency aid. Federal agriculture minister julia klockner (CDU) spoke … Read More

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Cattle farmers should get durre-help

In view of the impending shortage of fodder for livestock in many regions of germany, livestock farmers can count on rapid emergency aid.

Federal agriculture minister julia klockner (CDU) spoke in berlin of an alarming situation and promised rapid support – also in order to avoid emergency slaughtering. The states are now to quickly present aid programs, which the federal government will then support.

In the case of cereals, farmers are now expecting an even worse harvest than feared and are urging for support. Klockner stressed, however, that a decision on this will not be made until after the official harvest balance sheet planned for the end of august.

"The drought is hitting our farmers in germany very hard," said the minister, who also briefed the cabinet on the situation. The damage is considerable, but varies greatly from region to region. The north and east are particularly affected by drought. Klockner did not yet want to make more precise estimates by country. Some areas also got away "with a black eye.

In many regions, however, the feed supply is becoming critical, as the minister explained. Because of the drought, grass that has been cut once does not grow back for the usual second and third cuts. Corn also crippled. Cattle farmers have to buy in feed, which is difficult at the moment. Because eastern europe is largely eliminated as a market – as a precaution because of the african swine fever that is occurring there. Often the only option is to buy expensive soybeans. Dairy farmers, however, have hardly any reserves after recent price crises. Rapid assistance was therefore essential. "Cows eat feed, not money," klockner said.

Burdened by the fact that increasing slaughtering presses on prices. "Because of the heat, people have little appetite for a hearty steak," said meat expert matthias kohlmuller of the agrarmarkt informations-gesellschaft (AMI). Normally, in june and july, 17.000 by 19.000 cows slaughtered per week. In the past few weeks, however, up to 22 million tons were.000 cows have been. "This oversupply is exacerbating the price collapse even further," said kohlmuller. But this would have no effect on consumer prices.

Meat consumption generally slows in the summer, and many buyers are also on vacation. So the farmers then always earned a little less. This year, however, demand in july was down even more than in previous years due to the heat, kohlmuller said. Farmers just received 2.65 euros per kilo slaughtered weight for cows. In august 2017, it was 3.18 euro. After the end of the vacations in autumn, farmers could probably expect higher prices again.

In the cereals sector, a new interim harvest report by the farmers’ association shows even bigger problems ahead. Instead of the 41 million tons initially estimated, only about 36 million tons can be expected. Farmers’ president joachim rukwied spoke of a "catastrophic drought damage". Last year, 45.6 million tons were harvested. Due to low yield prospects and concerns about fodder supply, some farms had chopped cereals.

"From our point of view, the clear figures already allow a fundamental decision on subsidies to be made now," said rukwied. The conditions for financial assistance from the states in particularly affected regions are clearly met. The forecast therefore now also includes actual harvest volumes to a rough extent. The farmers’ association is already calling for rapid emergency aid of at least one billion euros.

Countries are first in line for financial aid. The federal government can only step in when damages of "national significance" are determined. The last time this happened was in 2003 because of a drought. Klockner again made it clear that she needs solid data rather than estimates before additional taxpayer money is used. It is right to wait for the harvest "and then decide how much money has to stay," union faction leader volker kauder (CDU) told the "neue osnabrucker zeitung" (wednesday). He also stressed, however, that "we should not be petty" in view of the "exceptional situation." Klockner wants to report on 22. August again report to the cabinet on the situation.

The FDP demanded that farmers be given tax relief for risk-bearing assets. Grunen faction leader anton hofreiter said acutely affected businesses should be supported in the short term. It is incomprehensible, however, that klockner is blocking an agrarian exchange rate change. "Extreme weather events will increase," hofreiter told dpa. A climate-adapted and crisis-proof agriculture is therefore needed, otherwise the next crop failure is programmed. EU agricultural subsidies should support farms to be more environmentally friendly instead of continuing to demand an agriculture that pollutes soil, air and water.



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