1. 14.11.2019 · ZEW (fhe)
    Comment
    ZEW economist Friedrich Heinemann on GDP growth for the third quarter

    The Federal Statistical Office has released its initial calculation for growth in German gross domestic product (GDP) in the third quarter. Compared to the previous quarter, price-adjusted GDP in Germany has grown by 0.1 per cent. The risk of recession has thus been averted for the time being. After GDP had dropped by 0.1 per cent in the previous quarter, a continuation of the negative growth rate in the third quarter would have fit the technical definition of recession. Professor Friedrich Heinemann, head of the Research Department “Corporate Taxation and Public Finance” at ZEW Mannheim, comments on the Federal Statistical Office’s calculation.

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  2. 05.11.2019 · ZEW (mkn)
    Comment
    United States | International Agreements and Observance
    ZEW economist Martin Kesternich comments on the US withdrawal from the Paris Climate Agreement

    In an official letter to the United Nations, the US government has rescinded its part in the Paris climate agreement. Professor Martin Kesternich, deputy head of the ZEW Research Department “Environmental and Resource Economics, Environmental Management” at ZEW Mannheim and professor of economics with a special focus on environmental and resource economics at the University of Kassel, comments on this matter.

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  3. 30.10.2019 · ZEW (fhe)
    Comment
    Public Budget | Tax revenue estimation
    ZEW economist Friedrich Heinemann on tax revenue estimates

    The German Federal Ministry of Finance’s Working Party on Tax Revenue Estimates has published its forecasts for federal, state and municipal tax revenues in Germany. Despite the economic slowdown, the working party expects tax revenues to continue to rise significantly in the coming years, from 796.4 billion euros in 2019 to 935 billion euros in 2024. Professor Friedrich Heinemann, head of the Research Department “Corporate Taxation and Public Finance” at ZEW Mannheim, comments on this matter.

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  4. 21.10.2019 · ZEW (fhe)
    Comment
    European Integration and EU Policy | Europe | Public Budget
    ZEW economist Friedrich Heinemann demands a restructuring of the EU budget.

    In view of the many new challenges, the EU should restructure its budget in the Multiannual Financial Framework (MFF) after 2020. A fundamental reorientation of the European budget towards policy fields with a verifiable European added value is overdue. The current expenditure structure favours above all policy areas such as the Common Agricultural Policy (CAP) and cohesion policy, the European benefits of which are questionable. Instead, the EU budget should rather focus on financing policies that demonstrably create European added value. Professor Friedrich Heinemann, head of the Research Department “Corporate Taxation and Public Finance” at ZEW Mannheim made this position clear today at an expert hearing on the next MFF in the Bundestag’s EU Committee in Berlin.

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  5. 21.10.2019 · ZEW (awh)
    Comment
    Digital goods | Digital Economy | Competition law
    ZEW president Achim Wambach during his lecture on social market economy at the BMWi

    German economic policy currently has to react to two developments that have a major impact on markets worldwide: on the one hand, the emergence of powerful internet giants through digitalisation, and on the other hand, China’s economic success, which relies on the influence of large state-owned corporations. Germany can respond to these developments by combining the principle of the social market economy with an updated competition law. This was the recommendation made today by Professor Achim Wambach, president of ZEW Mannheim, at the Federal Ministry for Economic Affairs and Energy (BMWi), where he was awarded a 3,000 euro prize in the series “Impulsreden zur Sozialen Marktwirtschaft” (“Keynote Speeches on the Social Market Economy”) by the Wirtschaftspolitische Club Deutschland e.V. (Economic Policy Club Germany).

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  6. 18.10.2019 · ZEW (ssi)
    Comment
    Real estate | Residential real estate
    ZEW economist Sebastian Siegloch comments on the federal government's property tax reform.

    The German Bundestag passed the Federal Ministry of Finance’s proposal for a property tax reform by approving an amendment to the Basic Law. The property tax reform must be completed by the end of the year as the Federal Constitutional Court had previously objected to outdated tax bases. Professor Sebastian Siegloch, head of the Research Department “Social Policy and Redistribution” at ZEW Mannheim, comments on the adoption of the reform by the German parliament.

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  7. 20.09.2019 · ZEW (awh)
    Comment
    Federal Government | ZEW President
    ZEW President Achim Wambach comments on Climate Cabinet decision

    Today the Climate Cabinet presented its policy package for achieving the climate targets and further developing the energy transition. Professor Achim Wambach, president of the ZEW – Leibniz Centre for European Economic Research in Mannheim, comments.

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  8. 09.09.2019 · ZEW (awh)
    Comment
    Competition law | Economic policy advice | ZEW President | Digital Economy | Digital goods
    ZEW President Achim Wambach calls for stronger regulation in the digital economy

    There ought to be clear regulations with regards to digital platforms dominating the market, says Professor Achim Wambach, president of economic research institute ZEW in Mannheim and co-chair of the Expert Commission on Competition Law 4.0, appointed by the Federal Ministry for Economics and Energy. That’s the conclusion of the final report the Expert Commission on Competition Law 4.0 handed over to Federal Economics Minister Peter Altmaier today.

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  9. 31.07.2019 · ZEW (fhe)
    Comment
    Interest Rate | United States | Monetary policy decisions | Central bank
    Friedrich Heinemann sees Trump as reason for Fed interest rate turnaround

    The US central bank Federal Reserve made a turnaround in interest rate policy and lowered its base rates by 0.25 per cent to range between 2.0 and 2.25 per cent. Professor Friedrich Heinemann, head of the “Corporate Taxation and Public Finance” Research Department at the ZEW – Leibniz Centre for European Economic Research in Mannheim, comments on the decision.

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  10. 29.07.2019 · ZEW (fhe)
    Comment
    ECB | Litigation Process
    ZEW economist Friedrich Heinemann commenting on the ECB's PSPP bond purchase programme

    Tomorrow marks the beginning of the Federal Constitutional Court’s two-day hearing on the Public Sector Purchase Programme (PSPP) of the European Central Bank (ECB). The Karlsruhe-based court had already dealt with constitutional complaints against the programme in 2017, referring several questions to the European Court of Justice (ECJ) for a preliminary ruling. After the ECJ decided these issues in favour of the ECB in its December 2018 ruling, the Federal Constitutional Court is now continuing its proceedings. Professor Friedrich Heinemann, head of the ZEW Research Department “Corporate Taxation and Public Finance” at the ZEW – Leibniz Centre for European Economic Research, comments on this matter.

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