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• Events // 17.10.2024

  Tax Evasion through Product Misclassification in the Presence of Multiple VAT Rates Evidence for Greece

  Using firm-level, administrative tax information from Greece, this paper, presented in the ZEW Research Seminar, explores VAT evasion through a relatively understudied channel; product misclassification
• Projects // 01.01.1999

  Innovation-related Knowledge Flows in European Industry: Extent, Mechanisms, Implications

  evaluated. In addition, we will conduct telephone interviews with companies in Denmark, France, Italy, Greece, Great Britain, the Netherlands, and Germany.
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  News // 21.10.2022

  Inventors Emigrate Due to Political Uncertainty

  inventors between 1997 and 2013 in the following ten European countries: Belgium, Germany, France, Greece, Ireland, Italy, Croatia, Sweden, Spain and the United Kingdom. They used the Economic Policy Uncertainty
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  Press Releases // 31.03.2022

  Excessive Adherence to Crisis Policies Fosters Zombification of the Economy

  years and have remained in crisis mode for too long despite economic recovery. Italy, France and Greece in particular have been too slow in scaling down their aid measures. In the case of Germany, the [...] clear that some of them may have been excessive: “The scale of support was exceptionally high in Greece, Italy and Germany. This is also true if you put the size of the aid in relation to the severity [...] normalisation of public budgets by 2023 and shows that the corrective measures in Italy, France and Greece have been particularly slow. Eastern European states such as Estonia, on the other hand, are cha
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  Press Releases // 22.12.2021

  ZEW Economist Friedrich Heinemann on 20 Years of Euro Cash

  the euro has instead ushered in a long phase of stagnation and crises for countries like Italy and Greece. The Eastern European Member States that did not join the euro have left the Southern Europeans far
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  Press Releases // 14.12.2021

  Divergence of Italian PEPP Purchases from Capital Key Smaller than Before

  over the winter months,” ZEW co-author Carlo Birkholz summarises the result. According to the study, Greece stands out in that the ratio of PEPP purchases of Greek government bonds to GDP is currently 18 per [...] exceeding all other euro countries. “When it comes to financing the effects of the COVID-19 crisis, Greece is more dependent on the PEPP than any other euro country,” says Friedrich Heinemann. The authors
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  Press Releases // 08.12.2020

  PEPP and PSPP: Highly Disproportionate Purchase of Italy’s and Spain’s Bonds

  government deficits of the euro countries in the recession year 2020. The analysis shows that for Italy, Greece, Portugal and Germany, net purchases are of a similar magnitude as or even higher than the countries’
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  Press Releases // 24.09.2020

  A Long-Overdue Step

  from taking the often dangerous journey to the EU. Countries at the EU’s external borders, such as Greece, would most likely remain the primary point of destination for asylum seekers. In contrast, the United
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  News // 26.06.2020

  The EU Recovery Fund Should Be a Solidarity Instrument First and Foremost

  regions with particularly pronounced economic fallout and unemployment levels. The study found that Greece, Italy and Spain would receive the most help relative to economic output. In the scenario where
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  Press Releases // 26.05.2020

  Poland May Become Largest Net Contributor

  “Ultimately, the Recovery Fund will not be able to solve the severe financial problems Italy and Greece are facing,” says author of the study Professor Friedrich Heinemann, who also heads a research department