News

Investment challenges, political volatility and Germany’s sovereign outlook

Research meets rating: In a joint webinar of the leading European provider of credit ratings Scope and FiFo Köln, Eiko Sievert and Michael Thöne discuss tasks and challenges of German fiscal policy in the next legislature and Germany's sovereign outlook. You will find the replay of the webinar on LinkedIn; Michael Thöne's presentation with additional material here for direct download.

Equivalency, inherited burdens and Covid - needs-based municipal financing in difficult times.

Down to earth questions in a sacral ambience. In the beautiful ChorForum Essen, Dörte Diemert, Nicole Borninghoff, Michael Thöne and the participants of the 22nd Conference for Planners NRW discuss the manifold challenges of sustainable municipal finances in North Rhine-Westphalia and throughout Germany.

Pendlerpauschale reformieren - mit Bestandschutz

Mehr Klimaschutz braucht höhere CO2-Preise und viel sozialen Ausgleich. Bei einer Reform der Pendlerpauschale kann ein gewisser Bestandsschutz helfen, beides zusammenzubringen. Michael Thöne erläutert bei Westpol im WDR-Fernsehen, dass künftige Wohnortentscheidungen nicht mehr über die Entfernungspauschale von der Allgemeinheit subventioniert werden sollten. Ein Bestandsschutz erleichtert die soziale Akzeptanz für so einen Wechsel zu gerechteren, klimaneutralen Steuerregeln.

Sustainable Fiscal Policy - Investing in the Future

Climate action, innovation, investment and sustainability - German fiscal policy needs a new agenda. Anja Hajduk and Michael Thöne present the report of the Fiscal Policy Working Group of the Heinrich Böll Foundation. Ten guidelines for sustainable fiscal policy are grouped around a new "fiscal triad". The online discussion brings together some intriguing voices: Ramona Pop and Michael Hüther, Franziska Brantner and Katharina Gnath, Veronika Grimm and Jens Südekum. Join us on June 15, 2021: Program and registration here.

Billions against climate protection

Removing environmentally harmful subsidies is the logical first step towards at last making real progress in combating climate change in the German transport sector. However, in order to move forward with effective CO2 prices, it may be necessary to continue to use economically unsound subsidies such as the commuter allowance in order to secure societal approval, explains Michael Thöne in the Frankfurter Allgemeine Sonntagszeitung.