1. 25.10.2018 · ZEW ()
    Comment
    Monetary policy decisions | ECB

    At its meeting today, the Governing Council of the European Central Bank (ECB) did not make any changes to the ECB’s interest rate policy, nor did it take a final decision on the phasing out of its asset purchases scheduled for the end of this year. Professor Friedrich Heinemann, head of the Research Department “Corporate Taxation and Public Finance” at the Centre for European Economic Research (ZEW), offers his view on the matter.

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  2. 24.10.2018 · ZEW ()
    Comment
    EU Commission | Italy | Public Budget

    The European Commission rejected Italy’s draft 2019 budget on the grounds that it violates European stability rules. This decision marks the first time in the history of the European Union that a budgetary plan of a Member State is rejected by the EU. Professor Friedrich Heinemann, head of the ZEW Research Department “Corporate Taxation and Public Finance” at the Centre for European Economic Research (ZEW) in Mannheim, explains:

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  3. 28.09.2018 · ZEW ()
    Comment
    Italy | Budget deficit | Public Budget
    Italy's deficit is set to rise to 2.4 per cent of national GDP in 2019.

    Italy’s coalition government has just agreed on some initial details of the national budget for the year 2019. Based on these plans, the country’s deficit is set to rise to 2.4 per cent of national GDP in the coming year. Professor Friedrich Heinemann, head of the Research Department “Corporate Taxation and Public Finance” at the Centre for European Economic Research (ZEW), offers his view on Italy’s budget plans.

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  4. 27.09.2018 · ZEW ()
    Comment
    Budget deficit | Public Budget | Italy

    Italy’s finance minister Giovanni Tria will today announce the figures for the Italian government’s budget plan for the year 2019. The announcement will reveal whether the government intends to comply with the requirements of the European Stability and Growth Pact regarding the reduction of the national deficit or is setting itself on a course for a strong clash with the European Commission. Professor Friedrich Heinemann, head of the ZEW Research Department “Corporate Taxation and Public Finance” at the Centre for European Economic Research (ZEW) in Mannheim, comments on this matter.

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  5. 26.09.2018 · ZEW ()
    Comment
    Monetary policy decisions

    As expected, the US Federal Reserve has raised the target range for the federal funds rate by 0.25 percentage points to 2.00-2.25 per cent. This interest decision marks the third interest rate hike of the year and the eighth increase since the turnaround in monetary policy in 2015. Professor Friedrich Heinemann, head of the ZEW Research Department "Corporate Taxation and Public Finance" at the Centre for European Economic Research (ZEW) in Mannheim, comments on the Fed's latest interest rate decision.

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  6. 21.09.2018 · ZEW ()
    Comment
    Market design | Electricity grid
    Portrait Vitali Gretschko

    The German Federal Ministry for Economic Affairs and Energy is planning to work together with the state governments to speed up the expansion of Germany’s electricity grid by significantly reducing the length of the planning process for the laying of new power lines such as the Südlink and Südostlink. With this purpose in mind, the government intends to pass a new law to cut through some of the bureaucratic red tape and ultimately allow Germany to take some major strides forward in its planned energy transition. Professor Vitali Gretschko, head of the Research Group “Market Design” at the Centre for European Economic Research (ZEW), Mannheim, shares his view on the government’s plans.

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  7. 13.09.2018 · ZEW ()
    Comment
    ECB | Monetary target
    In its first meeting after the summer break, the ECB has decided not to make any changes to its interest rate policy.

    In its first meeting after the summer break, the European Central Bank (ECB) decided not to make any changes to its current interest rate policy while also halving its government bond purchases from October onwards. Professor Friedrich Heinemann, head of the Research Department “Corporate Taxation and Public Finance” at the Centre for European Economic Research (ZEW), offers his view on the decision.

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  8. 10.09.2018 · ZEW ()
    Comment
    Minister of Finance | Tax competition | Tax Policy | EU Commission

    At a recent meeting, the finance ministers of the European Union agreed on the introduction of a so-called digital tax for Europe at the beginning of 2019, which is in line with the ideas brought forward by the EU Commission. More specifically, they agreed on a digital services tax of three per cent on gross revenue generated from the provision of certain digital services within the EU. The tax is directed at digital companies located in non-EU countries and in EU Member States generating total revenue of over 750 million euros, 50 million of which are made in Europe. Professor Christoph Spengel, research associate at the Centre for European Economic Research (ZEW), Mannheim, and Chair of Business Administration and Taxation II at the University of Mannheim, comments on this matter.

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  9. 29.08.2018 · ZEW ()
    Comment
    Pensions policy | Tax | Social security contribution

    The German coalition government has just agreed on a pension plan that would maintain both the pension level and contribution rates until 2025, as well as increase pay-outs for those on reduced earning capacity pensions and mothers of children born before 1992. Dr. Holger Stichnoth, deputy head of the Research Department “International Distribution and Redistribution” at the Centre for European Economic Research (ZEW), Mannheim, comments on the government’s new pension plan.

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  10. 23.08.2018 · ZEW ()
    Comment
    Public Budget
    Both the federal and state governments in Germany have pledged 340 million euros in aid for German farmers affected by drought.

    Both the federal and state governments in Germany have pledged 340 million euros in aid for German farmers affected by drought. These funds are primarily intended to support those farmers whose livelihoods are under threat. Professor Friedrich Heinemann, head of the ZEW Research Department “Corporate Taxation and Public Finance” at the Centre for European Economic Research (ZEW) in Mannheim, explains:

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