News

25.11.2021 - Creating a plenty of housing that meets the needs and tripling the speed of climate protection in the housing sector at the same time: In addition to many private investments, this will also require intensive government efforts. Here, the funding channels must be geared even more efficiently to achieving maximum "bang for the buck", explains Michael Thöne in his interview with the VdW magazine.

18.11.2021 - On the second day of the Online Finance Days 2021 of the Evangelische Akademie Loccum, Michael Thöne will speak on "Resilience and Reform - Tasks of the federal levels in the 2020s". Register here for the free digital conference.

11.11.2021 - As German guest at the Austrian Cities’ Assembly, Michael Thöne discusses the similarities and differences of both countries in the political handling of acute and chronic crises at the panel on municipal finances. The Austria Press Agency reports; the video stream is here.

13.10.2021 - Can Germany succeed in the digital and climate transformation without modernising the debt brake? Proposals include investment promotion companies. In the Handelsblatt, Michael Thöne cautions against this path. Such ancillary budgets undermine parliamentary control rights and set the wrong example for Europe. Most importantly, they do not function for the most important investments for the future, he explains in a Twitter thread.  

06.10.2021 - From local authorities to the EU, all levels of government need to become more resilient against crises. Decisive from a fiscal point of view: Who insures whom? Who bears the initial responsibility, who shoulders the burden later on? In FiFo Discussion Paper21-1, Michael Thöne argues that resilient federal finances must provide answers for acute crises such as Corona and also for chronic crises such as climate change - albeit very different ones.