Holidays more important than guaranteed pensions 11. May 2007 by Thomas Jannot A representative survey carried out jointly by Postbank and the Institut für Demoskopie Allensbach revealed something surprising. 61% of Germans are against the abolishment of a legal holiday in order to stabilize the national pension system. Just 26% consider this to be a good proposal. 13% are undecided or did not comment.
German exports grew by almost 10 percent in 2006 9. May 2007 by Thomas Jannot German foreign trade continues growing but at a slower pace. According to preliminary figures presented by the Federal Statistical Office, in March 2007 Germany exported goods to the value of 83.9 billion Euros whereas imports amounted to 65.5 billion Euros. Thus, in March 2007 German exports were up by 9.3% and imports by 4.6% as …
German economy probably growing by 2.5 percent 8. May 2007 by Thomas Jannot In its spring forecast the Institute for the German Economy (IWF) predicts German GDP to grow by 2.5% in real terms in the year 2007. For the next year the forecast figure is 2.2%. This forecast figure is congruent with output estimates made by more than 2000 East and West German companies which took part …
Big increase in incoming orders in March 7. May 2007 by Thomas Jannot The amount of incoming orders sharply increased by 2.4% in March as compared to February. In February incoming orders had already been up by 4.3%. Above-average figures were registered in March in particular in terms of major orders. Domestic orders increased by 2.9% and those from abroad by 2.1%.
Germany only middle-ranking in terms of online banking 7. May 2007 by Thomas Jannot About one in three Germans (32%) between 16 and 74 years of age use online banking. In the period between 2004 and 2006 alone this percentage increased by 25%. By European comparison, however, Germany ranks just above the EU average of 21%. The Dutch use online banking almost twice as much (59%) as Germans. These …
30 million holiday trips booked online 4. May 2007 by Thomas Jannot More and more Germans book their holidays online. In the year 2006 the turnover in terms of holiday trips booked completely ore at least partly over the internet increased to 8.5 billion Euros which is a plus of 18% compared to the year 2005 in which turnover was just 7.2 billion Euros. These figures were …
SMEs listed on the stock exchange meet investors and analysts 3. May 2007 by Thomas Jannot For the third time the General and Entry Standard conference is currently taking place in Frankfurt directed by the Frankfurt Stock Exchange. According to the Frankfurt Stock Exchange, the event has in the meantime established itself as the biggest and most successful small and midcap conference in Germany. More than 500 guests are taking part …
Online purchases peak on Mondays 3. May 2007 by Thomas Jannot The virtual shopping baskets of online shop customers are surprisingly fullest on Mondays. This is the finding of a survey by Zanox. According to this survey most online-transactions are carried out on Mondays between eight and nine o´clock pm. In the period of the daylight saving time, however, online peaks shift from the evening to …
Strong decrease in unemployment rate officially confirmed 2. May 2007 by Thomas Jannot This morning the Federal Statistical Office officially confirmed the new unemployment figures announced on May 1st. According to experts, in March 2007 there were about 602.000 more gainfully employed people (+1.6%) than in the same month of 2006. At the same time the number of jobless people fell by 690.000 (-18.7%) in March 2007 as …
Massive warning strikes by up to 100.000 metal workers expected 2. May 2007 by Thomas Jannot For today massive warning strikes are expected. The IG Metall union anticipates up to 100.000 strikers. One day ahead of the fifth and probably decisive round of negotiations in Baden-Wurttemberg the warning strikes are to indicate the resolve of the workers. The IG Metall union still insists on wage rises of 6.5%.