Bridging and modernization loans for industrial companies in the new federal states (G-SIG: 12011390)

Summary

Call on the federal government to quickly implement the solidarity pact resolutions on the industrial cores and to demand sales for East German companies; Establishment of a low-interest loan program for the years 1993 to 1995 at the Kreditanstalt für Wiederaufbau, granting of bridging and renewal loans with a term of ten years, assumption of default guarantees by the federal government; Provision of around DM 1 billion each in the first three interest-free and repayment-free years, then DM 600 million, plus loss of funding due to bankruptcies of around DM 2.4 billion, counter-financing by restricting special depreciation according to the 1991 Tax Amendment Act to the manufacturing industry (additional tax revenue of around DM 2 billion)

Machine translation from German. The official text remains authoritative.

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2 official files

• 12/6940

  Drucksache · DE · 2 March 1994

  ViewDownloadOpen at official source

• 12/4680

  Drucksache · DE · 31 March 1993

  ViewDownloadOpen at official source

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