faq Status: 03.09.2024 15:08 If families with underage children want to buy a house that needs renovation, they can now apply for a low-interest loan from the KfW Development Bank. What conditions must be met for this? What is “Young buys old”? “Young people buy old” is a federal government funding program that supports families … Read more
Not being able to provide an audit. Tobias Thiele is the first in the family to do this. Financially, he has to finance his studies at the University of Augsburg largely on his own. The parents’ money is not enough to adequately support the 24-year-old. “My parents can only give me 100 euros per month … Read more
At Federal Construction Minister Klara Geywitz said on Monday that three construction funding programs are important for the severely weakening construction industry: “Every funding euro triggers orders in the tradesmen’s books and stimulates domestic demand. It is precisely these impulses that we need now.” Managing Director of the Main Association of the German Construction Industry, … Read more
For some time now, students have been able to use student loans from the state development bank KfW to finance their studies. But at the beginning of October 2023, KfW will raise the interest rate significantly. Many see this as having dramatic consequences for students – including Katja Urbatsch. The co-founder and executive director of … Read more
KfW Bank regularly adjusts the interest rates for its funding program. From November 7, 2023, the bank will reduce the interest rates for promotional products for municipal infrastructure for bank-directed loans as well as for housing industry promotional programs and commercial promotional products. Interest rate reduction for municipal infrastructure – bank-directed loans IKU – Investment … Read more
Heating with gas A reduced VAT of seven percent applies to gas until the end of March 2024. (Photo: IMAGO/Wolfgang Maria Weber) Düsseldorf Anyone who heats with oil or gas will have to reckon with greater price increases in the future than in the past. The federal government has drawn up a new plan for … Read more
Status: 08/14/2023 07:19 a.m Sharply increased interest rates at the state development bank KfW are making life difficult for students. Many can no longer afford the installments for their loan and are considering dropping out of college. by Mandy Sarti The KfW student loan is intended to enable young people to study: For example, when … Read more
Corona aid and loans TUI wants to pay off billions in debt with a capital increase 03/24/2023 11:14 am Travel provider TUI wants to be honest and repay Corona aid and loans totaling over one billion euros. This should be possible with the help of a capital increase. Almost 330 million shares are to be … Read more
new building Houses that meet special requirements for sustainable construction receive additional funding. Image: imago images/perspective Berlin How will the state bank KfW promote new construction in Germany in the future? This question has been driving the economy for months. The Federal Building Ministry has now presented the new conditions of the 750 million euro … Read more
München The Bavarian state capital is experiencing a boom in housing cooperatives. (Source: dpa) Living space is scarce. Membership in a cooperative can therefore be interesting for prospective tenants. However, the shares cost money. A federal funding program that was reorganized in October 2022 makes financing easier: private individuals who buy shares in a cooperative … Read more