Category: Finance

Displeasure over 29 agenda items and documents

29 items on the agenda, some of them without documentation – the hiltpoltstein councilors did not like that. They expressed their displeasure when mayor gisela schulze-bauer (bfh) asked for the obligatory agreement on the issues at hand.

"The background knowledge for the meeting items is missing. The documents were only posted on the weekend, so i don’t feel sufficiently informed", complained the third mayor gisela geldner (). When the municipal councils still received the documents in writing, this worked well. But since the introduction of the council information system, the documents have been posted only a short time beforehand.

Mayor gisela schulze-bauer took the administration to task. Two employees in the building department are currently missing and there is a lot of work in the administration anyway. The employees had also had a lot of work beforehand, replied geldner. That shortly before the meeting the "ratsinfo" it could not be the case that the city council was not fully informed and the trailer was stuffed. At the time the documents were sent by mail, the information was on the table five days before the meeting. "This window of opportunity is for the council to prepare itself. We must have a few days to do this", wolfgang engel (CSU) also voiced his opinion.

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Spain bond yield rises ahead of finance ministers meeting

spain bond yield rises ahead of finance ministers meeting

In spain, which will be a major topic at the brussel meeting because of the planned aid for credit institutions, the yield on ten-year government bonds rose above the seven percent mark in morning trading for the first time since mid-june. Crossing the threshold is considered critical because refinancing costs then enter a range that is unsustainable in the long term. Meanwhile, italian bonds with the same maturity yielded more than six percent.

While the ten-year yield in spain rose by 15 basis points to 7.02 percent, the effective interest rate on ten-year italian bonds climbed by 14 basis points to 6.14 percent. In the shorter maturities, the increase in yields was about twice as large. For two years, spain currently has to offer almost five percent interest, italy around four percent.

In stark contrast to this is germany, a eurozone country with a strong credit rating, where the yield on two-year government bonds is currently even slightly negative. This means that investors not only come away empty-handed, but actually pay more for their investment. Similar low two-year yields close to the zero line are currently also being seen in the euro countries finland, the netherlands and austria.

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A bit of bureaucracy with your sandwich: kronacher reacts with incomprehension

A bit of bureaucracy with your sandwich: kronacher reacts with incomprehension

Two poppies for 2.20 euros. A coffee and a butter horn for 2.95 euros. Two breadsticks for one euro. Receipts with the smallest amounts like this one were found on thursday in the oesterlein bakery branch. "We use them as grease paper", saleswoman erika graf still tries to get something positive out of the whole note madness. "But we don’t need that many."

But the law is the law – and that means that since the 1. January 2020 it will be compulsory to issue a receipt for each purchase. So the bakery clerks dutifully print out every receipt and place it on the counter. "If the worst comes to the worst, maybe five percent of customers took the receipt with them today," he says, reports graf. The 57-year-old and her colleagues collect the unwelcome leftovers in a plastic bin.

"Because that is yes thermopapier, must we the whole notes in the restmull dispose", continues graf. Customers’ reactions range from amused smiles to incomprehensible shaking of heads. Anyone who laughs now will probably lose their spit at the next price increase. "Sooner or later, merchants will pass on the additional costs to the customer", the bakery employee fears.

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Islamists in syria threaten christians

Islamists in syria threaten christians

The federal government wants to strengthen its aid for the supply of syrian refugees in the neighboring countries. During a short visit to lebanon, development minister dirk niebel (FDP) pledged an additional nearly 15 million euros in support.

Another rebel group has made itself known on the internet: it has threatened two christian villages in the troubled province of hama. In the video, seven armed men can be seen wearing black headbands bearing the islamic creed. From their midst a bearded man reads a warning to the christians. If you do not hand over assad fighters, you will be attacked.

The plight of the people in syria is aggravated by winter and cold. "With temperatures hovering around freezing, countless families are fleeing in syria," explained wilfried vyslozil of SOS children’s villages. "Especially the children are suffering terribly. We must act now to get them through the winter."

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The steigerwald in the children’s room

the steigerwald in the children's room

Sabine christofzik

ebrach- it could be that a little princess will have a tantrum in the midst of her pink-crowned furniture. "A child can rub into it", says toni schindler. "Everything is saliva-proof and free of pollutants." This applies not only to the surfaces of silenta’s nursery furnishings, which are treated with special paints, natural wax and vegetable oils, but also to the pine wood from which they are made.
"Each of our lumber suppliers – sagewerke from the surrounding area – can tell us exactly in which forest they have acquired the logs. Everything comes from the region and from certified, sustainable forestry. Nothing has to be shipped from far away."

Without transport tourism

The raw material for the organic children’s furniture comes from nearby, from the steigerwald nature park. The finished products, on the other hand, make all the more journeys. They are sold throughout germany and beyond: in our own online store, through specialist dealers and mail order companies. There is also a factory outlet in ebrach.
"We have always worked with shippers", says heidrun schindler-schaller. "When the customer’s order is received there, the order comes to us online. We ship from ebrach directly to the shipper’s customer."
The building, which houses the buror rooms downstairs and the exhibition on the second floor, is located directly on the local thoroughfare. The production halls are located further back on the company site, barely visible from the B 22.
There was already a small sawmill there when the further entrepreneur wilhelm schaller started to produce picture rails here in 1926. Toni schindler’s father-in-law still transported money from furth to ebrach on horseback in order to pay the weekly wages. At that time, the entire production was still shipped by rail.
Since 1950, the company has specialized in the production of curtain rails and curtain rods; many innovations have been developed and patented. Curtain technology is also manufactured today. But in 1980, heidrun schindler-schaller and toni schindler founded "silenta" as the fifth generation of entrepreneurs completely new orientation: from then on, children’s and youth furniture was also manufactured in organic quality from domestic pine wood.

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Full steam ahead until the shelves are empty

Full steam ahead until the shelves are empty

A TUTE? "Yes, please!", says the customer. "Schlecker touts will soon no longer exist." If anita gleinser is offended by this sentence, don’t let it show. The manager of the schlecker store in kitzingen’s bohmerwaldstrabe nods, smiles in a friendly manner and wishes everyone a good day. She is a professional – and she loves her job very much. Her words speak volumes: "I like my job". And I make it to the last minute."
Unless a miracle happens, this "last minute" will be the last one will soon be there. Blood red signs with women writing customers for days from the sale. "30 percent off everything!", she looks eagerly at the various groups of goods. Numerous customers are already flocking to the siedlungsschlecker at 9 o’clock in the morning. The shelves are already showing leaks.
At the end of june, the insolvent drugstore chain will be completely shut down nationwide. All employees will receive their notice – no matter how hard they have worked for their stores over the past few years. Several dozen employees are affected in the kitzingen area alone, plus the employees of the likewise insolvent subsidiary ihrplatz.
Anita gleinser is almost a schlecker original. Shortly after the company was founded, the trained pharmacy assistant changed jobs "I couldn’t keep busy at the pharmacy for long" – to schlecker. "I felt at home right from the start." When she was 20 years old, she was given responsibility for her former branch at konigsplatz as a sales outlet manager. "I kept this position for 33 years. It was stressful at times, but in principle it was just like me. It was never boring, tells anita gleinser. A touch of melancholy is mixed in with her happy laughter. She will not only miss the work – from ordering goods to staff scheduling – but above all "the customer contact".
But luckily, anita gleinser is a positive person. She is sure: "it goes on somewhere." Of course she was sad "but that doesn’t change anything". She has already introduced herself to the employment agency. "I want to work, I am motivated and still very dynamic!" The 53-year-old from kitzingen would prefer to continue working in the drugstore sector. But she also wants to look at alternatives, for example the politically motivated retraining in the direction of old people’s care or child education. "You have to be comfortable with that." Whether you can transplant a person like a flower into another pot? "I will inform myself well in any case. In june I have the second appointment at the employment office."
Despite all the pragmatism: if the sporty woman with the stylish short haircut had one wish, then it would clearly be "that perhaps someone would be found at short notice who would at least want to take over the best-selling stores". Anita gleinser sees her branch in the kitzingen district as one of them. "The store here is well received and profitable!"
Then why doesn’t she continue to run it on her own?? "It’s difficult because only bulk buyers get good conditions, explains gleinser. "In general, however, the idea is not so bad. If enough people with knowledge of the industry could be brought together…" But even at the works council meeting on wednesday, no serious thought was given to this. First of all, there are the conditions of the company’s breakup.
Insolvency automatically shortens notice periods. "In principle, however, things are really fair", finds the sales outlet manager. "Despite the insolvency we got our money on time. Vacation and overtime will be credited and paid, we have been assured."
As a senior schlecker employee, did she actually learn about the company’s predicament before the public did?? "No. We suspected that something might be wrong – for example, due to delivery problems – but we were not informed for a long time." It was only in january that the end of the problems became apparent. "From there one knew indeed, it rattles. But the hope was there until the end."
The "schlecker women" could and can do something other than hope hardly do. "You have no influence on the decisions at the top of the company." Some things anita gleinser actually did differently than anton schlecker& co. "I believe that some personnel cuts in recent years and decades were a mistake in the long run. It’s not enough to always just see the current numbers. You also have to consider what influence the human factor has on customer satisfaction."
There are many regular customers in stores like the kitzinger siedlung – either because they like to shop directly in their district, are difficult to fub or simply don’t have a car. "For all these people, schlecker was just part of life. We had a chance to talk to each other and so on."
The only thing that anita gleinser and her three part-time employees can do for the customers now is what they do: "when it was clear that things were going to get tight, i said to my team: we’ll carry on as before, with full commitment." Until the last minute.

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Furth eagerly awaits semifinal against dortmund

Furth eagerly awaits semifinal against dortmund

From a sporting point of view, however, there is more to be said for a dream final between the champions and the record holders after the two games on the 20th./21. March. However, bayern munchen’s task at borussia monchengladbach is incomparably more difficult than that of dortmunder.

Greuther furth, the heavy favorite, was given home rights in the draw on ZDF’s "aktuelle sportstudio" program. "We are delighted to be playing against the german champions from dortmund," said hack. BVB is warned after the second-division team’s sensational win over hoffenheim in the quarterfinals, which cost coach holger stanislawski his job. "We would have liked to have had a home match. We have watched greuther furth several times and are taking this opponent very seriously," said coach jurgen klopp.

Greuther furth wants to host the semifinals in its own stadium, although the trolli ARENA only seats 15,200 spectators. "It’s great that we got the home game. And we will play this game in our stadium, because the fans and the city have earned this," said spvgg manager rachid azzouzi. Dortmund captain sebastian kehl warned: "of the remaining tasks, this is certainly the supposedly easiest one. But we know how difficult that will be in a tight stadium like that of greuther furth."

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