Latest Press Releases

Turnover growth stabilised in the German sector of IT-related services at the end of 2002. The annual rate of growth in turnover increased to 2.1 percent in the fourth quarter 2002 from 1.4 percent in the previous quarter.

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When it comes to choosing where to study, economics students in Germany are taking note of the varying quality of universities, rather than focusing on admission restrictions.

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The downward trend of the ZEW Indicator of Economic Sentiment for Germany has lost momentum in December. The indicator now stands at 0.6 points.

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Reintroducing the property tax would further reduce the fiscal attractiveness of Germany as well as competitiveness of German companies, particularly when it comes to medium-sized firms. These are the findings of a survey including burden calculations conducted by the Centre for European Economic Research (ZEW) in Mannheim.

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In order to find out which investments investors in the stock market should focus on in 2003, the Mannheim Centre for European Economic Research (ZEW) conducted a survey among 258 financial analysts. Findings indicated that in the upcoming year, investors should continue to primarily invest in European stocks.

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It is with great sadness that we announce the death of Professor Heinz König who passed away on Wednesday, 20 November 2002, shortly before celebrating his 76th birthday.

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In 2001, the number of business start-ups in Germany decreased by six per cent, continuing the downward trend observed since 1999.

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The ZEW Indicator of Economic Sentiment for Germany deteriorates strongly by 19.2 points in November. It now stands at 4.2 points compared with 23.4 points in the previous month and is thus lower than in October 2001.

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Over the past year, the number of businesses filing for bankruptcy in Germany has once again shown significant increases. The Mannheim Centre for European Economic Research (ZEW) examined start-up numbers and insolvencies in Germany drawing on data from the ZEW Start-Up Panel. The results suggest that this phenomenon affects different sectors to a varying extent.

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This year sees the implementation of the so-called Riester pension reform ("Riester-Rente": grant-aided privately funded pension scheme in Germany). Employees who sign a contract for a private or workplace pension before the end of this year will still receive the first government grants for 2002.

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