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Latest Press Releases

April 2015

15.04.2015 – ZEW (jgl/ybr)

MS Wissenschaft 2015 Sets Sail from Dresden with a ZEW Exhibit on Board

The Centre for European Economic Research (ZEW) is once again on board the exhibition ship, MS Wissenschaft (MS Science). The floating science centre will set sail from Dresden today at 14:30. The ship’s journey, commissioned by the Federal Ministry of Education and Research (Bundesministeriums für Bildung und Forschung, BMBF) will take it through Germany and Austria. The focus for the Science Year 2015, as well as for the exhibition on MS Wissenschaft, is the City of the Future. Around 30 exhibitors will set up exhibits in the ship’s hold, with the aim of illustrating how cities function and what makes a city compatible with the future. read more

14.04.2015 – ZEW (ole/ggr/jpr)

ZEW-PwC China Economic Barometer Q2 2015 - German Managers Cautious on Outlook for Chinese Economy

German managers in China remain moderately optimistic about the economy in the second quarter of 2015. Senior executives' ratings of the macroeconomic situation in China have weakened since the previous quarter, but the overall figure remains positive. The aggregate score obtained by adding positive and negative responses has fallen from 12.5 points to 8.5 points. Just under 30 per cent of those surveyed currently rate the situation as good or very good (previous quarter: 36.5 per cent). "The managers are very sceptical about any economic upturn within the next twelve months", comments Dr Oliver Lerbs, economist at ZEW. Quite the opposite - those surveyed now feel that the situation is far more likely to deteriorate than to improve. In the previous quarter, sentiment was still more or less evenly balanced. read more

09.04.2015 – ZEW (ndu/fkr/jpr)

U.S. Oil and Gas Market - Mergers and Acquisitions Climb to Record High

Recording a total of 130 mergers and acquisitions in 2014, M&A activities in the U.S. oil and gas production sector have reached an all-time high. Transaction volumes amounted to more than EUR 52 billion, the highest value seen in the past ten years. Higher transaction volumes were only recorded in 2005 (EUR 72 billion). 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

01.04.2015 – ZEW (ole/ggr/jpr)

China Economic Panel (CEP) of the Centre for European Economic Research (ZEW) and Fudan University (Shanghai) - CEP Index Returns to Positive Realm

For the second time in a row, the economic expectations of international financial experts for China have improved in March 2015. The CEP Indicator, which reflects analysts' assessment of the macroeconomic outlook for China over the next twelve months, increased from 0.0 points to 14.4 points in the current survey period (March 9-25, 2015). This is the highest value since August 2014. The indicator's long-run average is 11.4 points. read more

01.04.2015 – ZEW (jeh/fkr/jpr)

Mannheim Start-up Panel 2014 - High-tech Industry Start-ups Often Founded on Sideline Basis

Researchers often found a new business on a sideline basis while keeping their main jobs and secure incomes. Most sideline start-ups appear in the technology-intensive sectors of the manufacturing industry. This is the result in the current edition of the report on the occasion of the Mannheim Start-up Panel, an annual survey of young German companies. The survey is conducted by the Centre for European Economic Research (ZEW) in cooperation with Creditreform. For the first time, the researchers examined the significance of sideline start-ups. read more

March 2015

31.03.2015 – ZEW (she/fkr/jpr)

ZEW-ZEPHYR M&A Index Germany - Upward Trend of Mergers and Acquisitions Suffers Setback

The increase of mergers and acquisitions (M&A) during the last four years in Germany seems to have stopped. Growth continued in autumn 2014, but the decreasing M&A activities at the end of the year have now put a notable damper on this trend. The ZEW-ZEPHYR M&A Index has dropped accordingly. This is the result of the researches by the Centre for European Economic Research (ZEW) based on the Zephyr database of Bureau van Dijk (BvD). read more

19.03.2015 – ZEW (mac/jpr)

ZEW/Prognos Survey on Transport Markets - Increasing Quantities and Decreasing Prices

Freight quantities will increase in almost every sub-sector of the German transport industry in the coming six months. Only services providing courier, express and package (CEP) will decrease. Despite the rising transport quantities prices will drop in almost every area of the transport market. These are the key results of the Prognos/ZEW Transportmarktbarometer (Transport Market Barometer) for the first quarter of 2015. read more

19.03.2015 – ZEW (zil/ggr/jpr)

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

In March 2015 economic expectations for Central and Eastern Europe including Turkey (CEE region) continue to improve. In the current survey the ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region has increased by 6.9 points following the double-digit increase in the previous month (February: increase by 14.2 points). The indicator now stands at a level of 46.2 points. 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 Mannheim Centre for European Economic Research (ZEW) with the support of Erste Group Bank, Vienna, since 2007. read more

18.03.2015 – ZEW (lja/ggr/jpr)

ZEW-CS Financial Market Test Switzerland - Economic Activity Expectations Recover from Swiss Franc Shock

In March 2015 the ZEW-CS Indicator has risen by 35.1 points to a reading of minus 37.9 points. Thus the economic outlook for the Swiss economy has partially brightened again after having severely deteriorated in February. To some extent this improvement may be attributed to the EUR/CHF exchange rate, which, contrary to worst fears, appears to have levelled off at around the 1.07 mark for the time being. 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

17.03.2015 – ZEW (dre/jrr/jpr)

ZEW Indicator of Economic Sentiment - Economic Sentiment Remains at a High Level

In March 2015, the ZEW Indicator of Economic Sentiment for Germany has increased for the fifth consecutive time. Compared to the previous month, the indicator has gained 1.8 points to a reading of 54.8 (long-term average: 24.7 points). This is the indicator's highest value since February 2014. "Economic sentiment in Germany remains at a high level. In particular, the continuing positive development of the domestic economy confirms the expectations of the experts. At the same time, limited progress is being made with regard to solving the Ukraine conflict and the sovereign debt crisis in Greece. This has a dampening effect on sentiment," says ZEW President Professor Clemens Fuest. read more

09.03.2015 – ZEW (tgr/jpr)

Minimum Wage Reduces Returns to Education in East Germany's Craft Sector

Since January 1, 2015, a cross-sectoral minimum wage takes effect in Germany. The consequences for the labour market can be estimated only in the long term. But we can draw some conclusions having a look at already existing sectoral minimum wages. The roofing trade sector already introduced a minimum wage in October 1997, which is currently EUR 11.85. A recent ZEW study on this subject shows that the introduction of a minimum wage indeed improves the situation of low-income earners, but, at the same time, it reduces the wage of qualified skilled workers - particularly in the new German states. read more

04.03.2015 – ZEW (ole/jpr)

China Economic Panel (CEP) of the Centre for European Economic Research (ZEW) and Fudan University (Shanghai) - Economic Outlook for China Slightly Brightens

The economic outlook for China has slightly improved in February 2015. The CEP Indicator, which reflects the expectations of international financial experts regarding China's macroeconomic development over the next twelve months, increased by 7.6 points to a new level of 0.0 points in the current survey period (February 9-26, 2015). In the previous month, the CEP Indicator was negative for the first time since the start of the survey in mid-2013. read more


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