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Latest Press Releases

December 2014

18.12.2014 – ZEW (zil/ggr/jpr)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Confidence Continues to Grow

In December 2014 economic expectations for Central and Eastern Europe including Turkey (CEE region) improve considerably. In the current survey the ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region has gained 18.0 points and reaches a level of 30.5 points. Economic expectations have improved for almost all individual countries except for Hungary and Turkey. The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe reflects the financial market experts' expectations for the CEE region on a six-month time horizon. The indicator has been compiled on a monthly basis together with further financial market data by the Centre for European Economic Research (ZEW) in Mannheim with the support of Erste Group Bank, Vienna, since 2007. read more

17.12.2014 – ZEW (lja/ggr/jpr)

ZEW-CS-Financial Market Test Switzerland - Pessimistic Sentiment Alleviates

In December 2014, the economic expectations for Switzerland continue to approach a balanced level of zero points. The indicator has improved from minus 7.6 to minus 4.9 points. The surveyed analysts therefore seem to expect only a slight slowdown of the Swiss economy in the first six months of 2015. The ZEW-CS Indicator reflects the expectations of the surveyed financial market experts regarding the economic development in Switzerland on a six-month time horizon. It is calculated monthly by the Centre for European Economic Research (ZEW), Mannheim, in cooperation with Credit Suisse (CS), Zurich. read more

16.12.2014 – ZEW (fmo/dre/jpr)

ZEW Indicator of Economic Sentiment - ZEW Indicator of Economic Sentiment Increases Significantly

The ZEW Indicator of Economic Sentiment for Germany gains 23.4 points in December 2014. Increasing for the second consecutive time, the index now stands at 34.9 points (long-term average: 24.4 points), the highest reading since May 2014. read more

16.12.2014 – ZEW (jpr)

Dr. Alexander Selent to Succeed Dr. Kurt W. Bock in the Board of ZEW’s Sponsors' Association

Dr. Alexander Selent, deputy chairman of the executive board at Fuchs Petrolub SE, has been elected new deputy chairman of ZEW's Sponsors' Association for Science and Practice. Selent is the successor to Dr. Kurt W. Bock, chairman of the board of executive directors at BASF SE, who is retiring from his position at the Sponsors' Association after nine years of service. Alexander Selent has been a member of the Sponsors' Association since September 2005. At the general meeting, Luka Mucic, chief financial officer and chief operating officer at the executive board of SAP SE, was also elected to the board of the Sponsors' Association. read more

15.12.2014 – ZEW (mac/jpr)

ZEW/Prognos Survey on Transport Markets - Significant Decrease in Road Freight Prices Expected

The sentiment concerning the development of transport volumes in Germany in the coming six months has worsened. The past six months were characterised by uncertainty about the consequences of the Ukraine crisis, particularly regarding transportation to Eastern Europe. This negative climate has now spread to nearly all transport sectors and traffics. Regarding transport prices, experts expect a heterogeneous development. These are the key findings of the Prognos/ZEW Transportmarktbarometer (Transport Market Barometer) in the fourth quarter of 2014. In this quarterly survey, Prognos AG, Basel, and the Mannheim Centre for European Economic Research (ZEW) survey some 250 top executives from the transport and loading industry about their assessment regarding the development of transport markets and prices on a six-month horizon. read more

03.12.2014 – ZEW (ole/jpr)

China Economic Panel (CEP) of the Centre for European Economic Research (ZEW) and Fudan University (Shanghai) - First Increase of the CEP Indicator Since Midyear

Economic expectations for China have improved slightly in comparison to the previous month. The CEP Indicator, which reflects expectations of international financial experts regarding China's macroeconomic development over the next twelve months, has increased from 0.0 to 9.8 points in the current survey period (November 13 to 28, 2014). read more

02.12.2014 – ZEW (fhe/fkr/jpr)

ZEW Study on the German Fiscal Equalisation Scheme - A Reform Package for Sustainable Federalism in Germany

The upcoming revision of the Fiscal Equalisation Law (act on redistribution of income between the German Federal States) provides a historic opportunity. A reform package that addresses the issue of excessive legacy debt, missing tax autonomy for the federal states, and simplifications to the fiscal equalisation scheme would make German federalism sustainable. This is the result of a study conducted by ZEW on behalf of the Konvent für Deutschland, an independent cross-party group of policy advisors. read more

02.12.2014 – ZEW (she/fkr/jpr)

ZEW-ZEPHYR M&A Index Germany - M&A Market Is Picking up Pace Again

An upward trend in mergers and acquisitions (M&A) with German participation has recently begun to take shape. In the meantime, this trend has become consolidated: M&A activities have notably picked up pace. The ZEW-ZEPHYR M&A Index has increased accordingly. These are the findings of calculations by the Centre for European Economic Research (ZEW) based on the Zephyr database of Bureau van Dijk (BvD). read more

01.12.2014 – ZEW (cfu/jpr)

Against Bracket Creep - For a Transparent Fiscal Policy

The responsibility for increasing taxes lies with the parliaments. Automatic tax increases are therefore undesirable, because they are beyond the democratic control of the opposition and the public. However, this is exactly the case with the bracket creep within the context of income tax collection in Germany. This creeping tax increase amounts to billions of euros for the treasury every year. The switch to a "tariff on wheels" is therefore imperative, according to Lars P. Feld, president of the Walter Eucken Institute, Clemens Fuest, president of the Centre for European Economic Research (ZEW), and Christoph M. Schmidt, president of RWI (Rheinisch-Westfälisches Institut für Wirtschaftsforschung). Feld, Fuest, and Schmidt make their case in an article published in the "Frankfurter Allgemeine Zeitung" on December 1, 2014. read more

November 2014

20.11.2014 – ZEW (zil/ggr/jpr)

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations Improve

In November 2014 economic expectations for Central and Eastern Europe including Turkey (CEE region) improve. In the current survey the ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region has gained 5.5 points and reaches a level of 12.5 points. Among the individual countries the largest improvement is observed for the Slovakia indicator, which has increased by 24.1 points this month. read more


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