In Brief: Study finds new BER airport could face more financial difficulties

The three economists who authored the study predicted Berlin’s new airport might need at least 1.5 billion euros more in public funding until 2023 to avoid insolvency, findings that have been rejected by airport head Engelbert Lütke Daldrup.

Photo by Pascal Meier on Unsplash

 

By Soraya Sarhaddi Nelson, Benjamin Restle and Caleb Larson

Do you prefer watching films or TV series? If you are a Berlin smoker, you can answer that question by dumping your cigarette butts into special containers with “yes” and “no” sections. 

Photo by Pascal Meier on Unsplash

The 30 containers around Berlin are part of a three-month project run by BSR, the cooperative in charge of removing city garbage. Its goal is to discourage smokers from dumping their cigarette butts on city sidewalks and streets.

Some of the bins also promote environmental awareness, including that a single, discarded cigarette butt pollutes 60 liters — or 15 gallons — of water.

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A study published this month warns that the new Berlin Brandenburg International Airport (BER) could face even more major financial difficulties. 

The three economists who authored the study predicted the BER airport — which by some estimates cost taxpayers around 6 billion euros so far — might need at least 1.5 billion euros more in public funding until 2023 to avoid insolvency.

Airport head Engelbert Lütke Daldrup rejects those findings, although he admits some more public funding may be needed.

The airport, which is scheduled to open at the end of October, has taken nine years longer to build, than originally planned.

The International Air Transport Association (IATA), meanwhile, estimates it could take at least three years for international air travel to return to pre-coronavirus levels.

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Germany’s Federal Statistical Office reports the lowest national inflation rate since November 2016. 

The office says April’s inflation rate of 0.9% is due in part to a sharp decline in prices for heating oil and motor fuels.

Meanwhile, the prices of food and non-alcoholic beverages increased by nearly 5%.

Although Germany is on track for its biggest recession since World War II, it is expected to contract less than other European countries, though slower global recovery could hamper Germany’s future economic outlook.

This news is brought to you in cooperation with Berliner Rundfunk.

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