About: Peter Altmaier

Competition 09-09-2020

German trust busters get a sharper sword

Germany's ruling coalition has reached an agreement on the amendment to the 62-year old Act against Restraints of Competition (GWB). In the future, authorities will take stronger action against online giants that abuse their market power. EURACTIV Germany reports.
Economy & Jobs 30-07-2020

Wirecard scandal: Bundestag inquiry committee increasingly likely

A probe into the Wirecard affair is picking up speed. At a special session of the Bundestag Finance Committee, MPs have questioned top ministers and lobbyist influence over the government is becoming increasingly clear. Setting up a special inquiry committee is becoming more likely as a result. EURACTIV Germany reports.
Economy & Jobs 29-07-2020

Wirecard scandal: Why the German government should be nervous

Have leading politicians in the grand coalition up to the Chancellor been involved in a fraudulent scheme? The Bundestag's finance committee is looking into it.
Economy & Jobs 28-07-2020

New study finds tentative ‘glimmers of hope’ in German business climate

The German business climate is improving: according to a survey, the economy is regaining its optimism. However, this phenomenon should be treated with caution, because many companies still lack future prospects, the DIHK warns. EURACTIV Germany reports.
5G 24-07-2020

Commission presses member states to take action on high-risk 5G vendors

EU nations must make urgent progress on mitigating the risks to 5G telecommunications networks posed by certain high-risk suppliers, the European Commission said in a progress report published on Friday (24 July).
Economy & Jobs 22-07-2020

German industry pleased with EU summit result

German business associations are cheering the deal EU leaders reached at a marathon summit that ended on Tuesday morning (21 July), and they have every reason to do so, explains economic researcher Jürgen Matthes. But some observers are displeased with cuts in funding for innovation, research or defence. EURACTIV Germany reports.
Economy & Jobs 16-07-2020

Germany’s Altmaier encourages MEPs to be more realistic

In his presentation of the German EU presidency's priorities, Economy Minister Peter Altmaier (CDU) urged MEPs on Thursday (16 July) to be more realistic, particularly on renewable energy and relations with China. But he continues to believe that barring Huawei, as the UK recently did, is wrong. EURACTIV Germany reports.
Digital 07-07-2020

Altmaier argues against ‘international monopolies’ in the platform economy

A "well-regulated" platform economy should allow for small and medium-sized enterprises to compete fairly and should not lead to the formation of "international monopolies", German Economy Minister Peter Altmaier said on Tuesday (7 July).
Climate change 03-07-2020

Berlin refuses to disclose details of €4bn coal phase-out deal with energy firms

German energy companies LEAG and RWE are set to receive over €4 billion for closing their lignite-fired power plants. But nobody knows how the compensation was calculated and the German economy ministry refuses to provide details, citing procedural matters. EURACTIV Germany reports.
Aerospace 02-07-2020

Germany urges ‘no favours’ in Airbus job cuts

German Economy Minister Peter Altmaier on Wednesday (1 July) urged plane builder Airbus to spread the pain fairly as it cuts 15,000 jobs to deal with lower orders following the coronavirus pandemic.
Digital 01-07-2020

Altmaier: Gaia X to play ‘central role’ in digital transition

The European Cloud infrastructure initiative Gaia-X will play a "central role" in the EU's digital transition as it charts its recovery out of the coronavirus crisis, Germany's Economy Minister Peter Altmaier has said. 
Future EU 23-06-2020

German EU Presidency: Influenced by lobbyists?

Large lobbying associations have a strong influence on the German government and there are concerns that this might impact its EU Council presidency, which starts on 1 July, warned a study conducted by NGOs LobbyControl and Corporate Europe Observatory. EURACTIV Germany reports.
Economy & Jobs 23-06-2020

Scholz and Le Maire present a united front on digital and corporate taxation

Finance Minister and Vice Chancellor Olaf Scholz (SPD) and his French counterpart Bruno Le Maire (LREM) are confident that the current OECD negotiations on international tax systems will be concluded by the end of 2020. EURACTIV Germany reports.
Coronavirus 15-06-2020

German government takes a stake in vaccine developer CureVac

In the global race for a coronavirus vaccine, the German government is investing €300 million and acquiring a stake in the biotech company CureVac, regarded as one of the leaders in the development of a vaccine in Germany. EURACTIV Germany reports.
Energy 11-06-2020

Germany plans to promote ‘green’ hydrogen with €7 billion

The German government adopted its national hydrogen strategy yesterday (10 June), with plans to ramp up production capacity to 5 GW by 2030 and 10 GW by 2040. To achieve this, €7 billion will be invested in new businesses and research. EURACTIV Germany reports.
Energy 05-06-2020

US senators move to tighten sanctions on Nord Stream 2 and Turkish Stream

US senators announced a bill on Thursday (4 June) expanding sanctions on Russia's Nord Stream 2 and Turkish Stream natural gas pipelines and targeting the projects Washington says will boost Moscow's economic and political influence in Germany and other European countries.
Data protection 05-06-2020

Altmaier charts Gaia-X as the beginning of a ‘European data ecosystem’

France and Germany’s ambitious bid to create a European cloud data infrastructure to stave off US and Chinese competitors was launched on Thursday (4 June), as Ministers Bruno Le Maire and Peter Altmaier revealed more on their landmark Gaia-X project.
Economy & Jobs 04-06-2020

Germany’s €130bn stimulus package praised by all sides

After 21 hours of negotiations spread over two days, Germany's grand coalition came to an agreement on the €130 billion economic stimulus package close to midnight on Wednesday (3 June). The result has been received surprisingly positively by all sides. EURACTIV Germany reports.
Economy & Jobs 20-05-2020

Germany still hesitating to link stimulus packages with climate targets

France, the Netherlands and Austria want to put environmentally friendly conditions on aid for corporations. In Germany, companies themselves are calling for a climate stimulus package, yet Economy Minister Peter Altmaier is hesitating. EURACTIV Germany reports.
Energy 19-05-2020

Breakthrough in Germany’s wind and solar energy dispute

Germany's grand coalition of Christian Democrats (CDU/CSU) and Social Democrats (SPD) on Monday (18 May) agreed on the abolition of the solar cap and an "opt-out solution" for a standard distance for wind turbines. This is a decisive milestone for the expansion of renewable energy in Germany, EURACTIV Germany reports.
Future of mobility 08-05-2020

Green ‘cash for clunkers’ deals on the starting grid

Car renewal schemes aimed at boosting the automotive industry and the wider economy during the virus recovery period are likely to be linked to climate targets, although the actual effectiveness of such programmes is still a matter of debate.
Economy & Jobs 30-04-2020

Is the COVID-19 crisis an opportunity for fairer global trade?

Global value chains are particularly impacted by the pandemic. Could a European supply chain law be an answer to the current challenges?
Economy & Jobs 24-03-2020

German economy minister: Help is on the way

The first payments from the 'coronavirus aid package' are to be made to small and micro enterprises this week, Economy Minister Peter Altmaier announced on Tuesday but rejected once again the idea of European coronabonds. Meanwhile, the country's top economic expert expects a single-digit percentage GDP decline. EURACTIV Germany reports.

Can EU’s new industrial strategy accelerate Germany’s green transition?

With its new industrial strategy, the European Commission wants to promote climate-friendly innovations, unlocking billions in investment into clean technologies. However, it remains unclear how companies will be supported in the transition. EURACTIV Germany reports.
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