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Latest Press Releases

October 2014

27.10.2014 – ZEW (der/ggr/jpr)

German Information Economy - Optimism Prevails Despite Slight Downturn

In the third quarter of 2014, the economic sentiment among companies in the information economy remains positive. Even though the ZEW Sentiment Indicator for the Information Economy has recorded a quarter-on-quarter drop by 1.6 points, the high level of 63.1 points signals an ongoing positive development of the sector. read more

23.10.2014 – ZEW (she/fkr/jpr)

The Aftermath of Fukushima - German Nuclear Phase-out Leads to Electricity Price Increases

The Fukushima nuclear disaster cost Germany and its neighbours dear. A study conducted by ZEW shows that Germany's nuclear phase-out led to an increase in electricity costs on the European Energy Exchange by an average of seven per cent in the two years after the accident. read more

21.10.2014 – ZEW (ibe/joh/fkr/jpr)

Digital Agenda - Companies Need Fast and Secure Networks

The companies in the information economy are calling for a nationwide broadband infrastructure with a download speed of at least 50 Mbit/s as well as secure digital services. A fast and reliable broadband infrastructure should also be centre stage in the federal government's Digital Agenda, according to the companies in this economic sector. This is the result of a current study by ZEW. read more

16.10.2014 – ZEW (mbo/ggr/jpr)

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

In October 2014 economic expectations for Central and Eastern Europe including Turkey (CEE region) improve slightly. In the current survey the ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region has gained 3.7 points and reaches a level of 7.0 points. Among the individual countries, the largest improvement can be noted for the Poland indicator which has increased by 19.7 points on October. read more

15.10.2014 – ZEW (mbo/ggr/jpr)

ZEW-CS Financial Market Test Switzerland - Economic expectations drop sharply

In October 2014 economic expectations for Switzerland decline sharply by 23.0 points. The ZEW-CS Indicator slides down to a level of minus 30.7 points, reaching a two-year low. read more

14.10.2014 – ZEW (jrr/jpr)

ZEW Indicator of Economic Sentiment - Further Economic Slowdown Expected

The ZEW Indicator of Economic Sentiment for Germany drops by 10.5 points in October 2014 and now stands at minus 3.6 points (long-term average: 24.5 points). Decreasing for the tenth consecutive time, the index has returned to negative territory for the first time since November of 2012. read more

10.10.2014 – ZEW (jeh/fkr/jpr)

German Book Market Will Be Confronted with New Challenges

The German book trade has been facing competition from the rapidly growing sector of online booksellers since the mid-1990s. The increasing spread of e-books is also a widely discussed topic. But what changes have so far actually taken place on the supply side of the German book market? An analysis by ZEW shows that the market is going through a major transition. Traditional booksellers are currently confronted with the challenge of strengthening their position as service providers. read more

09.10.2014 – ZEW (ole/ggr/fkr/jpr)

China Economic Panel (CEP) by ZEW and Fudan University (Shanghai) - Economic Expectations for China Lose Ground

After a temporary stabilisation in the past three months, macroeconomic expectations for China have suffered yet another setback, according to the results of the China Economic Panel (CEP). The CEP Indicator, which reflects the assessments of international financial analysts regarding China’s macroeconomic outlook over the next twelve months, has deteriorated by 17.1 points in the current survey period (September 15 to September 30, 2014). Now standing at a level of 1.7 points, the index has dropped below its long-term average of 14.9 points. Moving close to the base line, the indicator is signalling that optimistic and pessimistic experts assessments within the sample are now alsmost balanced. The current value is the lowest of the CEP Indicator since the survey began in mid-2013. read more

September 2014

29.09.2014 – ZEW (pse/srr/ggr/jpr)

Using ICT Goes Hand in Hand with Decreasing Energy Consumption

In OECD countries, the spread of information and communication technologies (ICT) goes hand in hand with a reduction of energy consumption. Comparing the manufacturing and service sectors, it becomes apparent that in the manufacturing sector, using ICT is linked to reduced energy consumption. By contrast, no such correlation could be established in the service sector. read more

29.09.2014 – ZEW (cfu/ggr/jpr)

Bank Stress Test in Europe – Equity Base Is Still too Small

Before taking over responsibility for banking supervision in the eurozone by the end of 2014, the European Central Bank (ECB) investigates the financial solidity of banks in a stress test. It is a much debated topic what measures against potential capital shortfalls the banks subjected to the stress test have already taken before the assessment begins. For a study dedicated to this concern, the Mannheim Centre for European Economic Research (ZEW) has compared bank balance sheets from the fiscal years of 2012 and 2013. read more

24.09.2014 – ZEW (mve/ggr/jpr)

Taxation of Multinationals - Country-by-Country Reporting not Suitable to Combat Aggressive Tax Planning

Multinationals are frequently criticised for using tax havens and loopholes in international tax law to lower their tax burdens. Introducing a country-by-country reporting is discussed as one possible countermeasure against this problem. It requires multinationals to disclose certain key figures such as revenues, earnings, expenses, profits, and tax payments for each country they operate in. However, aggressive tax planning of multinational corporations would hardly be affected by a country-by-country reporting. This is the finding of a current study conducted by the Centre for European Economic Research (ZEW) in Mannheim. In particular, introducing such a reporting would involve high costs without necessarily generating any benefit. read more

22.09.2014 – prognos/ZEW (mac/ggr/jpr)

ZEW/Prognos Survey on Transport Markets: Sentiment deteriorates considerably

The German transport sector will face a decrease in transport volumes as well as stagnating, in some transport branches even declining transport prices in the next six months. This applies especially to land transportation to Eastern Europe, which is particularly affected by the Ukraine crisis. These are the primary findings of the Prognos/ZEW TransportmarktBarometer (Transport Market Barometer) in the third quarter of 2014. In this quarterly survey, Prognos AG, Basel, and the Centre for European Economic Research (ZEW) in Mannheim 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


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