1. 20.11.2020 · ZEW (fhe/deg)
    Comment
    Coronavirus | Community Law | EU Presidency | Rule of law

    Hungary and Poland vetoed the EU’s 1.8 trillion euro budget plan for the years 2021 to 2027. The bone of contention has been a new mechanism under which Member States can lose EU funds for violating the rule of law. Professor Friedrich Heinemann, head of the Research Department “Corporate Taxation and Public Finance” at ZEW Mannheim, comments on this matter.

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  2. 12.11.2020 · ZEW (fhe)
    Comment
    Public Budget | Tax revenue estimation | Germany | Tax Policy
    ZEW-Ökono ZEW-economist Friedrich Heinemann comments that the entire next legislative period will be marked by greatly reduced revenues and a sharp increase in public debt. m Friedrich Heinemann kommentiert, dass die komplette nächste Legislaturperiode unter den Vorzeichen stark geminderter Einnahmen und einer sprunghaft ansteigenden Staatsverschuldung steht.

    The German Federal Ministry of Finance’s Working Party on Tax Revenue Estimates has presented its new forecasts to the government authorities at federal, state and municipal levels. The forecasts confirm that tax revenues will fall significantly in the current year and the following years. Professor Friedrich Heinemann, head of the Research Department “Corporate Taxation and Public Finance” at ZEW Mannheim, comments on this matter:

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  3. 11.11.2020 · ZEW (fhe)
    Comment
    Public Budget | European Commission | EU Parliament | European Integration and EU Policy
    [Translate to English:] Friedrich Heinemann über den Neuansatz der leyen-Kommission

    The European Parliament and the Council have agreed on the EU budget for the time frame 2021 until 2027. The Parliament was able to make small amendments, with slightly increased budgets in research, health, border management and the Erasmus programme. The agreement also means that the penultimate obstacle for the EU’s coronavirus recovery plan has been cleared. The only remaining task is to get all 27 Member States of the EU to agree on the budget, although there is a certain degree of uncertainty from Hungary. The Member State has criticised the fact that future allocations of the EU budget may be stopped on the grounds of violations of the rule of law. Professor Friedrich Heinemann, head of the Research Department “Corporate Taxation and Public Finance” at ZEW Mannheim, gives the following assessment of the agreement:

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  4. 07.11.2020 · ZEW (awh)
    Comment
    United States | U.S. presidential election | Climate policy
    ZEW President Achim Wambach sees chances and reliability in Joe Biden.

    Joe Biden was elected the 46th president of the United States. Professor Achim Wambach, president of ZEW Mannheim, comments on this matter:

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  5. 05.11.2020 · ZEW (fhe/deg)
    Comment
    Federal Reserve Bank | Statement
     New Fed decision to wait for election campaign.

    Despite the very tense economic climate, the US Federal Reserve announced no further expansionary measures in its most recent interest rate decision on 5 November 2020. The federal funds rate is therefore left unchanged at a target range between 0.0 and 0.25 per cent. Professor Friedrich Heinemann, head of the Research Department “Corporate Taxation and Public Finance” at ZEW Mannheim comments on this matter:

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  6. 21.10.2020 · ZEW (fhe)
    Comment
    Common agricultural policy | Agricultural Policy | Public Budget | Europe
     Approval of the compromise proposal of the German Council Presidency.

    EU Member States have agreed on a reform of the Common Agricultural Policy (CAP). After almost two days of negotiations, the Member States have approved a compromise proposal made by the German presidency of the Council of the EU. Professor Friedrich Heinemann, head of the Research Department “Corporate Taxation and Public Finance” at ZEW Mannheim, comments on this matter.

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  7. 14.10.2020 · ZEW (fhe/deg)
    Comment
    WTO rules | Foreign Trade | United States | Europe
     Friedrich Heinrich Heinemann comments on the fact that the European Union may impose punitive tariffs on the USA.

    World Trade Organization (WTO) mediators have decided that the EU can apply tariffs on US imports. The decision was taken after the USA granted unlawful subsidies to aircraft manufacturer Boeing. Professor Friedrich Heinemann, head of the Research Department “Corporate Taxation and Public Finance” at ZEW Mannheim, comments on this matter:

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  8. 12.10.2020 · ZEW (awh/deg)
    Comment
    Nobel prize | Market design | Auctions
    ZEW President Achim Wambach comments on the Nobel Prize for Economics.

    The 2020 Nobel Prize in Economics has been awarded to the US economists Paul Milgrom and Robert Wilson for their contributions to auction theory. Professor Achim Wambach, president of ZEW Mannheim, comments on this matter.

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  9. 07.10.2020 · ZEW (ibe/chs)
    Comment
    data economy | Data processing | Data protection | Research data | Computer Software and Services Industries
    ZEW economist Professor Dr. Irene Bertschek on the first draft of a data strategy of the German government.

    The German government has presented a first draft of its data strategy, which is being discussed today in the Cabinet Committee on Digitalisation. One of the goals of the strategy is to secure access to data and improve their availability. Professor Irene Bertschek, head of ZEW’s Research Department “Digital Economy”, comments on this matter:

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  10. 02.10.2020 · ZEW (fhe/chs)
    Comment
    Rule of law | European Union | Corruption | Coronavirus | European Integration
    Professor Dr. Friedrich Heinemann on EU funds and the rule of law.

    Against strong opposition from Poland and Hungary, the German presidency of the Council of the European Union has proposed a procedure that would cut off EU funds to countries that violate the rule of law. As a response, both governments have threatened to block the 750-billion-euro coronavirus recovery package of the EU. A recently published report found deficits in Poland and Hungary regarding judicial independence, the fight against corruption and media freedom. Professor Friedrich Heinemann, head of the Research Department “Corporate Taxation and Public Finance” at ZEW Mannheim, comments on this matter.

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