The Centre for European Economic Research (ZEW), Mannheim, increased its earnings in the business year 2007. The earnings rose to 14.72 million Euros and thus notably exceeded previous year’s result (14.15 million Euros). Particularly the ZEW’s success in competition for research-funds and third-party funds contributed to the increase of its earnings. For instance, the ZEW successfully competed for research-funds from the Joint Initiative for Research and Innovation within the scientific community Leibniz-Gemeinschaft, and it was also successful in the hard-fought national and international competition for third-party funds for economic research and counselling projects. The ZEW’s third-party funds (6.4 million Euros) are on the highest level since the institute’s foundation in 1991.