1. 07.09.2021 · ZEW (msc/fbr/jrr/sel)
    ZEW Indicator of Economic Sentiment
    ZEW Indicator of Economic Sentiment | ZEW Financial Market Survey | Business survey | Short-term forecast | Cyclical indicator | Business cycle research | Germany | Europe
    The ZEW Index shows the ZEW Indicator of Economic Sentiment for Germany since 1991.

    The ZEW Indicator of Economic Sentiment for Germany decreased in the September 2021 survey, falling 13.9 points to a new reading of 26.5 points. Since May 2021, the indicator has dropped for the fourth consecutive time. The assessment of the economic situation in Germany improved in September 2021 again and currently stands at 31.9 points, 2.6 points higher than in August 2021. The situation indicator has continuously increased since February 2021, when it stood at minus 67.2 points. The situation indicator has increased by 72.0 points since May 2021, while the expectation indicator has decreased by 57.9 points during the same period. The current reading of the ZEW Indicator of Economic Sentiment for Germany implies that over the next six months economic growth in Germany will only slightly be higher than its current reading.

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  2. 06.09.2021 · ZEW (fhe/deg)
    Research
    ECB | Monetary Policy | Monetary policy decisions
    Main river in front of the ECB-tower

    The continuation of the Eurosystem’s government bond purchases is a controversial issue within the ECB Council. A study by ZEW Mannheim now shows for the first time that the polarisation within the Council corresponds to the public debt level of the individual members’ home countries. In their public statements, national central bank presidents from countries with high government debt tend to support the continuation of the ECB’s current bond purchase programmes. On the other hand, the representatives of low-debt countries are more sceptical and call for an early exit from the programmes.

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  3. 05.09.2021 · ZEW (gli/rha)
    Research
    Mobility | Electromobility | Mergers | Mergers and Acquisitions | M&A | M&A activity
    Picture of the M&A Announcements

    With the start of the IAA Mobility Show, the most important German industrial sector and its problems are once again moving into the spotlight. Climate policy and the consequences of the pandemic pose major challenges for all manufacturers. This is reflected not least in the plans for mergers in this sector.

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  4. 01.09.2021 · ZEW (awh/vgr/deg)
    Comment
    mobile phone market | mobile phone network | Auctions | Market design
    Symbolic image for digital networks

    At the end of 2025, the spectrum usage rights in the bands at 800 MHz, 1,800 MHz and 2.6 GHz will expire. The Bundesnetzagentur (Federal Network Agency) has therefore sparked a discussion on how best to provide the freed-up spectrum for use from 2026 onwards in such a way as to ensure a functioning mobile radio market and optimal broadband coverage. For this purpose, the agency published a scenario paper on which ZEW President Professor Achim Wambach and Professor Vitali Gretschko, head of the Research Department “Market Design” at ZEW Mannheim, have provided their views.

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  5. 25.08.2021 · ZEW (kki/deg)
    Research
    Map of Eastern Europe: Withdrawal of correspondent banks is indicated by different colours.

    Emerging European countries are less able to participate in global trade since correspondent banks are on the decline. The reason for this decline is that US authorities have tightened financial crime enforcement regulations. The lack of banks offering trade finance services and handling international transactions between exporters and importers makes trade with and for these countries much more difficult. This is shown in a recent study by ZEW Mannheim based on data from 17 Eastern European emerging markets, the so-called Emerging Europe.

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  6. 19.08.2021 · ZEW (sgo/sel)
    Research
    Young firms | Coronavirus | foundation activities
    Chart on the development of the number of foundations

    The pandemic has only slightly slowed down the start-up activity in Germany in 2020. According to a joint study by Creditreform and ZEW Mannheim, almost 165,000 new companies were founded last year. However, the development varied greatly depending on the sector. Regardless of the COVID-19 crisis, the number of companies grew slightly last year to nearly 3.3 million. Once again, more companies were founded than closed. The Mannheim Enterprise Panel (MEP), conducted by ZEW, recorded around 156,000 firm closures, for example due to withdrawal from business or insolvency.

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  7. 16.08.2021 · ZEW (awh/deg)
    Comment
    Crisis management | Economic crisis | Aircraft industry | Aircraft and Aerospace Industry | Air passenger transport
    ZEW President Professor Achim Wambach

    Today, the German government’s Economic Stabilisation Fund (ESF) announced its intention to sell part of the shares it holds in Lufthansa. Professor Achim Wambach, president of ZEW Mannheim and member of the Monopolies Commission, explains:

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  8. 16.08.2021 · ZEW (jdo/jki/sel)
    Research
    Coronavirus | Enterprise | Artificial intelligence
    Graphic with results of the ZEW study on AI-based analysis of corporate websites

    With the oil crisis, the bursting of the dot-com bubble, the financial and banking crisis, and the COVID-19 pandemic, the past fifty years have seen several economic shocks that often had severe consequences for the business landscape. Governments are often only able to provide targeted support and respond appropriately to such unexpected events with a significant time lag, as appropriate data is usually not available at the beginning of a crisis. AI-based analysis of corporate websites can remedy this situation by complementing traditional survey methods and providing reliable early forecasts in a timely manner. This is shown by studies conducted by ZEW Mannheim in cooperation with Justus Liebig University Giessen during the coronavirus crisis.

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  9. 13.08.2021 · ZEW (msc/fbr/deg)
    Research
    ECB | ZEW Financial Market Survey | Inflation | CO2 emission | Climate protection | Consumer Price Index
    Image of the European Central Bank

    Financial experts are divided over the new strategy of the European Central Bank (ECB). While 49 per cent of those surveyed by ZEW Mannheim say that the change in strategy has prompted them to adjust their medium-term inflation forecast for the years 2021 to 2023 upwards, another 46 per cent say that the new strategy has no influence on their forecast. Five per cent are even inclined to revise their inflation forecast downwards.

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  10. 11.08.2021 · ZEW (lba/sel)
    Dates and News
    ZEW survey | Mannheim | Climate protection | CO2 emission
    The tree donation campaign has proved to be particularly beneficial.

    A large number of ZEW survey participants took the opportunity to voluntarily donate part of their expense allowance to the city of Mannheim for urban reforestation initiatives in preparation for the 2023 German National Garden Show (BUGA). A total of 2,809.40 euros was passed on to the “Bundesgartenschau Mannheim 2023 gGmbH”. The money was used to plant four Caucasian wingnuts in the eastern part of the newly emerging Käfertal park bowl in May 2021. Looking at the survey results, it can be seen that the willingness of participants to donate trees is significantly greater than the willingness to voluntarily offset CO2 by retiring certificates from emissions trading.

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