Finance

Motion of the csu of bad kissing: the fees hours?

Can the city offer its citizens and businesses support in the corona crisis?? Representatives of the CSU city council caucus say yes and submitted a motion to the city council, for example, to defer city fees for garbage and wastewater in certain cases until the end of the year without interest to mayor kay blankenburg. CSU faction spokesman steffen hortler believes it is important to set an example, he says in an interview with this editorial team.

Because in his professional capacity as head of the heiligenhof training center, he knows exactly what is at stake for low-income earners and small and medium-sized businesses. "A woman who works for us in the kitchen might get 1200 euros net. In the event of short-time work, she will be left with 60 percent of this income. She has to make a living with it", hortler reckons. It is not possible to do it for a long time. But even small businesses, restaurants and accommodation providers now had considerable difficulties in creating liquidity – despite immediate state aid. That’s why the city has to consider whether it can contribute something, says hortler.

Financially, the city can shoulder this interest waiver, continues hortler. Because in the budgets of the past years, there has always been some financial leeway "money that we had available and then couldn’t spend until the end of the respective year". With this money they can now support burgers and small businesses.

Finance

Ten years of regiomed – from a network of clinics to a cross-border group of companies

Ten years of regiomed - from a network of clinics to a cross-border group of companies

The ceremony took place in the coburg congress center, the new company’s headquarters became sonneberg: on sunday, it was ten years ago that the four counties of coburg, lichtenfels, sonneberg and hildburghausen as well as the cities of coburg and schleusingen founded the regiomed hospital group.
It was one of the first such mergers of municipal hospitals, and it had some unique features. None of the clinics involved was in economic difficulties and had to merge with another out of sheer necessity. And: it was a merger across federal state borders, between thuringia and franconia, exactly 18 years to the day after the border barriers had fallen between neustadt and sonneberg.

First discussion in 2003

The parties involved had taken their time: the first talks were held in 2003, and it was not until four years later that the merger took place, which was nowhere near as close as it is today. The counties and the coburg hospital association brought their clinics into a joint holding company. The buildings themselves remained the property of the counties, because they contained receivables from the respective federal states.
Ten years later, regiomed has already come a long way on the road to becoming a healthcare group: the company not only operates hospitals and old people’s homes, but has also set up its own medical school for training doctors (in cooperation with the university of split). At the top, in addition to the chief executive officer, there is one for the medical and one for the commercial sector. The holding company is still headquartered in sonneberg, but the central administration with its responsibilities for finance and personnel is located in coburg, in the former nurses’ home.
Regiomed and the group’s hospital companies have repeatedly stepped in over the past few years, most recently when the coburg sisterhood of the red cross went insolvent: the coburg hospital took on the nurses who were already working there as employees. Even before the insolvency, regiomed had taken over the senior citizens’ center on gustav-hirschfeld-ring, and now it has added the house on the sliding stand to its portfolio. In 2012, the hospital in neustadt became a subsidiary of klinikum coburg, which is itself part of the hospital network. Regiomed also operates 15 medical care centers (mvzs) throughout the region to help ensure the provision of care by family doctors.

New location under discussion

There is currently talk of finding a completely new location for the coburg hospital, which will then be known as the "healthcare campus" a new central hospital for the entire hospital network is to be built in lichtenfels, where a new hospital is currently under construction.
These developments did not always go smoothly: katja bittner, who as the first chief executive officer was supposed to try to bring the individual parts of regiomed closer together, was dismissed prematurely in 2013 after only two years by decision of the shareholders, after she had made some controversial decisions. However, the fact that the parties involved had different ideas about what competencies a chief executive officer should have probably also played a role here. The legal dispute over the dismissal dragged on until 2015.
Bittner’s successor joachim bovelet, in office since the beginning of 2014, seems to have a happier hand in dealing with the representatives of the regiomed shareholders. Originally brought in from berlin as interim managing director to bridge the gap after bittner’s dismissal, he now has a contract until 2018.
But it wasn’t just the directors who changed: of the six politicians who signed the contract ten years ago, only the thuringians are still in office today: district administrator thomas muller (hildburghausen, CDU), district administrator christine zitzmann (sonneberg, no party affiliation) and mayor klaus brodfuhrer (schleusingen, CDU). Coburg district administrator karl zeitler (SPD) was replaced by michael busch (SPD) in 2008, coburg’s mayor norbert kastner (SPD) was replaced by norbert tessmer (SPD) in 2014. Christian meibner (CSU) was elected in 2011 to succeed district administrator reinhard leutner (lichtenfels, CSU).

Finance

Economic concerns impact thyssenkrupp

Economic concerns impact thyssenkrupp

In addition to renewed high losses at the new plants in brazil and the USA due to technical problems and a weak market environment, the long booming european steel business has now also collapsed. The essen-based company posted a loss of 480 million euros in the first quarter, continuing its string of weak results.

The group is currently divesting the loss-making stainless steel business inoxum. CEO heinrich hiesinger has also been able to implement announced sales in other areas, such as civil shipbuilding and the service provider xervon. Nevertheless, the manager, who joined the company from siemens a year ago, still did not dare to make a forecast for the current fiscal year when he presented the quarterly figures on tuesday. The "continuing uncertain overall economic situation" makes it impossible to give a reliable forecast at present. The stock exchange acknowledged the interim results at the start of trading with an intermittent minus of four percent.

The technology business with its plant engineering, elevator and automotive supply operations proved to be a support to the volatile steel business. Hiesinger expects earnings in this division to increase in the second half of the year. Hiesinger still wants to expand this area and to loosen money for it. This works mainly through sales. Last may he had put businesses with sales of around ten billion euros on the sales list. There is now a solution for around 80 percent of this. If it remains sold alone, sales will fall from 50 to 40 billion euros. The number of employees was allowed to fall below 150,000. The most recent figure, including inoxum, was 171,000.

Finance

Prison sentence imposed on france’s ex-president sarkozy

Prison sentence imposed on france's ex-president sarkozy

For years, france’s ex-president nicolas sarkozy has been the focus of judicial attention because of various affairs. Now, for the second time in just a few months, a court has sentenced him to imprisonment.

For illegal campaign financing, the court in paris on thursday imposed a one-year prison sentence on the former head of state, who did not appear at the palace of justice for the sentencing itself. The 66-year-old can serve his sentence as an electronically monitored house arrest with a shackle. Whether it will really come to that, however, is still an open question. As with the jail sentence in march, sarkozy’s defense filed an appeal.

Numerous camera teams and media crowded the hearing room in the modern paris judicial complex this morning. Although politicians in france have often ended up in court because of unclear money flows, the criminal trial against the ex-president had rare value. Not least because the case against the ex-president known as "sarko" involves huge sums of money.

Finance

Athens gets cheaper money

Athens gets cheaper money

Nevertheless, athens also seems to be benefiting from the european central bank’s (ECB) pledge to do all it can to preserve the euro zone. Meanwhile, the euro rescue fund EFSF and belgium continue to get fresh money at unusually lucrative conditions.

Both the EFSF and belgium again made money on short-term borrowing, official figures showed tuesday. The EFSF borrowed almost two billion euros on tuesday with six-month debt instruments. Investors once again paid a premium: the yield of minus 0.0238 percent was once again in negative territory, which is referred to as a negative interest rate. Demand was more than twice as high as supply. Belgium raised a total of 3.1 billion euros on the market with two debt issues over three and twelve months. The yield of the three-month paper was once again negative at minus 0.01 percent.

Greece, which is heavily indebted and in dire economic straits, is also able to obtain fresh money somewhat more favorably. However, athens still has to offer much higher interest rates for short-term funds than creditworthy countries like germany. According to the national debt agency PDMA on tuesday, greece paid a yield of 4.24 percent for 13-week debt instruments. This is 0.07 percentage points less than in a previous auction. In the secondary markets, where outstanding government bonds are traded, yields on greek securities have recently been sharply lower.

Finance

The lookout tower is safe again

the lookout tower is safe again

Erected in 1929 by the former bamberg sparing association, the small lookout temple on wildensorger strabe still serves its purpose today. From there, one has a particularly beautiful view of bamberg and the jura hills. For some time, the structure was in danger of collapsing. It is located in the landslide area around the altenburg and had tilted toward the slope on one side. On the other hand, it was repeatedly shattered by the street traffic. Cracks, some as thick as a fist, had formed in the masonry as a result.

Because the temple is not protected as a historic monument, the city of bamberg initially seemed unwilling to spend money on it. The burgerverein wildensorg and city councillor norbert tscherner in particular are campaigning for its preservation.

They were thanked today by mayor andreas starke (SPD) at a local meeting for the initiative to save the round pavilion. The municipal construction company has now renovated it, for 11,000 euros.

Finance

1500 Metalworkers demonstrated in bamberg

Before the fourth round of negotiations, the IG metall union increased the pressure on the companies once again and paralyzed the early shift at four metal and electrical companies in the bamberg region, such as bosch, wieland, trench and albea. Around 1,500 employees marched to a rally in wunderburg castle. They were supported by the IG metall seniors and by employees from other companies in the region.

"With the warning strike and the rally, we want to show the employers and their associations that they are not just facing two or three people, but thousands, emphasized dieter reichert, second authorized representative of IG-metall bamberg. In the last few days, a total of more than 100 trainees in bavaria.000 workers involved in warning strikes, rallies or other actions to press their demand for 5.5 percent more pay and 60 euros more for apprentices. According to reichert, this is democracy in action.

Furthermore, the second authorized representative warned that even if a negotiation result is achieved, the labor struggle is far from over. "Our first step is fair collective wages, then we will fight against labor contracts. Because it is not acceptable that employees who are not covered by the collective wage agreement receive significantly less pay with a work contract", he underlined.

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