Latest Press Releases

In the first quarter of 2002, the annual growth rate in turnover of IT-related service providers grew by 3.5 per cent. Businesses also expect to see a positive development in returns and turnover in the second quarter of 2002.

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Providing further training is worthwhile, increasing a company's productivity. Company productivity rises by on average 0.3 per cent when the number of employees participating in furthering training programmes increases by one per cent.

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The ZEW Indicator of Economic Sentiment has slightly declined by -0.6 points in April. The index now stands at +70.6 points after standing at +71.2 in the previous month.

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The bankruptcy of the US energy giant Enron shook global financial financial markets. According to the findings of a survey conducted by the Mannheim Centre for European Economic Research (ZEW), at least three quarters of the 274 financial analysts surveyed thought a scandal similar to Enron could potentially also occur in the New Market.

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The ZEW Indicator of Economic Sentiment again rises sharply. The index now stands at +71.2 points, which is equivalent to an increase of +21.0.

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From 2002 onwards, pension reforms in Germany will lead to billions of euros in capital flows which will continue to grow year on year. In 2002, when the first year state funding of private pension schemes is introduced, these capital flows are likely to amount to around 20 billion euros.

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European regionalism with its various differing national restrictions is still proving to be a barrier to the complete integration of the European Single Market in terms of financial services. And it's savers who are paying dearly for it.

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The ZEW Indicator of Economic Sentiment derived from the ZEW Financial Market Survey rises to +50.2 points in February. This corresponds to an increase of +14.3 compared with the January result.

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In the fourth quarter of 2001, only 20 per cent of business-related service providers integrated software-based management tools, also known as customer relationship management (CRM) solutions, into their customer service strategies. In particular, companies in the branches of advertising and business consultancy as well as software service providers were more likely to deploy software packages for the purposes of customer relationship management.

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In the fourth quarter of 2001, the business-related service sector exhibited a seasonally-adjusted annual rate of growth in turnover of 1.7 per cent, thus continuing the upward economic trend evident since the beginning of the year. Predictions suggest, however, that, in West Germany at least, the downturn will soon have reached its lowest point.

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