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On the other hand, "" impossible sums "" could not be demanded from the state.

On the other hand, "" impossible sums "" could not be demanded from the state.

With a view to leaving the church and the shrinking population, he warned in the "Augsburger Allgemeine": "Church tax revenues will collapse in ten years at the latest."

The Bishop of Mainz, Peter Kohlgraf, told the German Press Agency that by 2030 the church tax revenue could already be expected to decrease by almost a third. "Abolishing the church tax would certainly reduce this financial framework even further."

Together with his colleague from Rottenburg-Stuttgart, Gebhard Fürst, he therefore pleads for frugality in the church. In the future, it will be about "finding sensible ways of dealing responsibly with dwindling financial resources."

According to Kohlgraf, one should also consider "that through the church tax alone in the Diocese of Mainz many thousands of people and their families can make a living through the pastoral and social work they do for society".

Hanke had also pointed out that thanks to taxes, the church can achieve a lot of positive things and guarantee secure jobs. "However, we must now start to think about other ways of financing and we must be more creative. And we must be willing to forego privileges."

The two large Christian churches together lost around 660,000 members in 2017 - due to demographic change and withdrawals. Computers are circulating on the Internet to determine how much taxes can be saved by leaving the church.

Church tax is levied as a rate of 8 to 9 percent on income tax. According to the Bishops' Conference, Catholics across Germany raised 6.4 billion euros in 2017. The Protestant churches received 5.6 billion euros in the same year.

The spokesman for the Evangelical Church in Hesse and Nassau (EKHN), Volker Rahn, said that there was "no fair alternative" to the church tax so far. In the Evangelical Church of Central Germany (EKM), according to a spokesman, thought about the future of the church tax has been subordinate.

The state benefits for the Catholic and Protestant Church are payments from the federal states with the exception of Bremen and Hamburg. It was triggered by the expropriations of German churches and monasteries at the beginning of the 19th century as part of secularization. The state stepped in to compensate. The Weimar Constitution provided for these regular payments to be replaced by one-off, appropriate compensation. This regulation was incorporated into the Basic Law. So far, however, it is still paid annually - since 1949, according to the "Frankfurter Allgemeine Zeitung" (FAZ), almost 18.5 billion euros.

FDP, Greens, Left and AfD want to end it now. The taxpayer without religious affiliation no longer understand why he should help finance the churches, said the church policy spokesman for the Liberals, Stefan Ruppert, of the "FAZ". His Green counterpart Konstantin von Notz considers immense political preparatory work to be necessary. "Nevertheless, politicians have an obligation to work actively on solutions after 100 years of existence of the replacement obligation."

The need for discussion is recognized by the churches, said the deputy chairman of the German Bishops' Conference, the Osnabrück bishop Franz-Josef Bode, the Südwestrundfunk. "I think that it is difficult for many people to understand what these state services mean." However, a way must be found that does not simply mean renouncing the law. On the other hand, "impossible sums" cannot be demanded from the state.

Good start to the week for investors: the Dax, the leading German index, rose sharply on Monday - and closed above the 11,000 point mark for the first time in three weeks.

The German share index (Dax) got off to a spectacular start to the week on Monday. With Japanese economic data backing up better than feared, investors were again more optimistic about a way out of the virus crisis.123helpme.me In addition, driven by the very strong Wall Street, the German benchmark index broke the 11,000 mark for the first time in three weeks. The index closed 5.67 percent higher at 11,058.87 points.

The stock market barometer made up for its loss from the previous week. For the MDax of the middle stock market values ​​it went up by 3.51 percent to 24 087.72 points.

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The economic skepticism that inhibited investors in the previous week has now turned into more optimism that the economy will be able to recover in the face of the easing in the virus crisis. Signals from Japan were seen as beneficial.

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The economy there had plunged into recession in the first quarter, but it did better than economists feared. Another positive response from the market was that Jerome Powell, head of the US Federal Reserve, expects an economic recovery as early as the summer.

There was a lot of influx for cyclical industrial stocks, especially those of the crisis-ridden engine manufacturer MTU, which jumped almost 16 percent. There was also a double-digit increase for the shares of Deutsche Bank and the car manufacturer Daimler.

Thyssenkrupp drives MDax

At the top of the MDax, Thyssenkrupp's recovery began with an increase of more than twelve percent. According to the media, the ailing industrial group is considering another attempt to find a merger partner for its steel division.

In recent times, the competitor Salzgitter has been brought into play again and again as a candidate for a merger of the steel activities. Its shares rose by a good 13 percent, taking first place in the SDax small cap index.

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There was a mood of jubilation not only on the Frankfurt Stock Exchange. The leading Eurozone index EuroStoxx 50 soared by 5.10 percent to 2,911.88 points. In Paris, the Cac 40 also gained more than 5 percent, and the London FTSE 100 achieved an increase of around four percent. The Dow Jones Industrial rose 3.4 percent at the close of trading here.

Sources used: news agencies dpa and Reuters

The heart of the industrial group Thyssenkrupp lies in the steel division. Now there is an interested party for this part of the business. A sale could make a lot of money for the company.

The British steel company Liberty Steel wants to take over the ailing steel division of Thyssenkrupp. The London company submitted a non-binding offer, as it announced on Friday. Liberty Steel did not initially provide any further details. The "Spiegel" had previously reported.

Liberty Steel employs around 30,000 people and is active in ten countries on four continents - in addition to Europe, also in Australia, the USA and China.

"Today we received an indicative offer to acquire the steel business," said Thyssenkrupp. "We are now looking carefully at this offer. At the same time, we will continue our discussions with other potential partners in the same way as before. Our goal is to make the steel business sustainable for the future. For us, it depends on the best solution to find."

Steel division makes heavy losses

Thyssenkrupp is in a deep crisis. The long-established company is in the red for steel. In the first nine months of the current financial year alone, there was an operating loss of more than 700 million euros.

Overcapacities on the steel markets and a slump in demand put pressure on business. In addition, billions in investments are required in climate-friendly production.

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Group boss Martina Merz has therefore been looking for a partner for some time. However, all previous attempts have failed.

Sources used: dpa news agency

The industrial group is facing major financial problems due to Corona. IG Metall therefore advocates state entry in the ailing steel division. There's only one problem.

Thyssenkrupp boss Martina Merz believes that state participation in the ailing steel division is a possibility. "A state participation is an option," said Merz on Monday on the sidelines of a top-level discussion between several companies on the subject of hydrogen at the NRW state government.

"But a state participation can also go hand in hand with other options. You can also imagine a combination." The state could get in and someone else could do it later. "What I want is a long-term solution for Thyssenkrupp."

NRW and the federal government against state participation

Both the state and the federal government are waving their hand on the issue of state participation in the group. At the event in Düsseldorf in the presence of Merz, NRW Prime Minister Armin Laschet affirmed: "All solutions without state participation are better because politicians are rarely better entrepreneurs." A state entry at Thyssenkrupp is currently not the priority topic. Martina Merz, CEO of Thyssenkrupp: "A state participation is an option." (Source: Jürgen Schwarz / imago images)

The Federal Ministry of Economics made a similar statement. The steel industry must improve its position vis-à-vis international competitors. New "competition models" are necessary for this, said a spokeswoman for the ministry in Berlin.

She referred to statements by Minister of Economic Affairs Peter Altmaier (CDU) from last week. The problem cannot be solved primarily through state investments.

Merz had stated in the spring that there was no prohibition on thinking about the future of the steel division. A partnership is just as much a part of the possibilities as a merger or sale.

Union wants state participation

IG Metall and the works council of Thyssenkrupp Steel Europe have requested the state of North Rhine-Westphalia and the federal government to participate in the steel business. The steel industry is suffering severely from the consequences of the Corona crisis and is facing enormous costs due to the switch to climate-neutral production, which no company can handle alone.

The federal and state governments must have an interest in keeping CO2-free production in Germany. On Friday, the Thyssenkrupp steel mills want to put pressure on at a rally in Düsseldorf.

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The steel division posted a loss of around 700 million euros in the first nine months of the 2019/20 financial year alone (to the end of September). The company has been hard hit by the Corona crisis because the demand for important customers such as the automotive industry has collapsed.

Sources used: Reuters news agency

The sale was planned for a long time, now it is through: The profitable elevator division is going to an investor consortium. With this, the company wanted to secure scope for the conversion - then Corona came.

The Essen-based steel and industrial group Thyssenkrupp has finally parted with its profitable elevator division. The company announced on Friday that the sale to an investor consortium had been completed.

Thyssenkrupp has received a purchase price of 17.2 billion euros for the most valuable line of business to date. The income from the sale of the division should actually be a great liberation - CEO Martina Merz wanted to finance debt reduction and corporate restructuring with the income.

But it is uncertain whether a lot of money will be left for investments. It is clear that "Corona will significantly limit our leeway," said CEO Martina Merz when the half-year figures were presented in May.

"The separation from the elevator business with its more than 50,000 employees was a difficult decision that was not easy for anyone," said Merz now. The sale is "essential" in the interests of the entire group of companies.

Thyssenkrupp could lose billions

The group now has to clarify, among other things, the future of its traditional steel division. The group's problems have grown due to the economic consequences of the Corona crisis.

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In the third quarter of the 2019/20 financial year alone (as of the end of September), a loss of up to one billion euros could be incurred, possibly a high three-digit million amount, according to a letter from the management board to the employees in mid-July.

Sources used: news agencies dpa and Reuters

The financially troubled Thyssenkrupp group, headquartered in Essen, has sold its elevator division for several billion euros. The new location for the headquarters has now been determined.

The headquarters of the sold elevator division of Thyssenkrupp will move from Essen to Düsseldorf in the first quarter of 2021. The part of the company that has been separated from the steel and industrial group will move into its new headquarters at Düsseldorf Airport in the so-called Wings building, Thyssenkrupp Elevator announced on Thursday.

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Thyssenkrupp is selling its elevator division to a consortium made up of the financial investors Advent and Cinven and the RAG Foundation. The financially troubled group receives 17.2 billion euros for the sale of the highly profitable part of the company. Thyssenkrupp, headquartered in Essen, intends to use this to pay off debts and finance the restructuring of the group. The sale is expected to close on July 31st.

Sources used: dpa news agency

Empty amusement parks, empty cinemas: the entertainment company Disney is suffering a lot from the Corona crisis. The new streaming channel Disney + can't save the business either.

The US entertainment giant Walt Disney has suffered a huge slump in profits due to the corona pandemic. The surplus fell in the three months to the end of March year-on-year by more than 90 percent to 460 million dollars (424 million euros), as the group announced on Tuesday after the US market closed in Burbank, California. Thanks to booming TV and streaming offers, revenues rose by 21 percent to $ 18 billion.

However, Disney's amusement parks, holiday resorts, cruises and fan article shops in particular suffered massively from the pandemic - operating profit fell by 58 percent here, although the virus crisis did not really spread until the end of the quarter