Import prices slightly up 27. June 2007 by Thomas Jannot According to the Federal Statistical Office the import price index was up by 0.6% in May 2007 as compared to the same month in 2006. Compared to April 2007 the index rose by 0.3%. In May 2007, as was already the case in previous months, the annual inflation rate for non-ferrous metals and semi-finished products …
Online auctions as popular as never before 27. June 2007 by Thomas Jannot Private auctions and small advertisements on the internet are as popular as never before. In the year 2006 there were 12 million Germans aged between 16 and 74 years who used the internet in order to sell goods or services. Thus, one in five people of this age bracket is an online-seller. Compared to previous …
Danish labour market policies not suitable for Germany 27. June 2007 by Thomas Jannot According to the Institute of the Cologne-based Institute for the German Economy (IW), the Danish Flexicurity model which combines little protection against dismissal with generous unemployment benefits can not be easily applied to Germany the reason being that in Denmark for a long time there has been a completely different wellfare-state model in which there …
Advertisement: first edition of ONE published 26. June 2007 by Thomas Jannot Oracle Germany which are a provider of technology and software solutions to small and medium-sized entities have published the first edition of ONE. This magazine is dedicated to the challenges faced by small and medium-sized entities (SMEs). More than 70 percent of Oracle´s customers are SMEs and Oracle wants to provide important information and first-hand …
German tax rates above EU average 26. June 2007 by Thomas Jannot The average tax burden on public limited companies in the EU member states has fallen from 38% in 1993 to currently 24.2%. Over the last years Germany has reduced the tax charge for public limited companies from 59.7% in 1993 to 38.4% today. In the course of the corporate tax reform scheduled for 2008 another …
35.000 less public servants 25. June 2007 by Thomas Jannot At the end of June 2006 the number of public servants in Germany was about 4.6 million which is 35.000 (about 1%) less than in the year 2005. These figures were published on Saturday by the Federal Statistical Office on the occasion of the international day of public service.
Revenues from inheritance tax tripled since 1991 25. June 2007 by Thomas Jannot In response to a request by the Liberal Democrats the German Goverment today published a report which shows that since the year 1991 tax revenue from gift and inheritance tax has almost tripled. While the revenue was about 1.35 billion Euros back in 1991, it amounted to 3.76 billion Euros in 2006.
There are currently less spin-offs in the German economy 22. June 2007 by Thomas Jannot A joint study by the Centre for European Economic Research and Microsoft Germany showed that in 2006 the number of newly founded companies decreased by 4% in Germany as compared to the previous year. In the high-tech industry, however, the number of business start-ups has stabilized at a low level: there were 17.700 start-ups in …
Germany leading in Europe in terms of patents 21. June 2007 by Thomas Jannot In 2006 about 207.300 patent applications were submitted to the European Patent Office (EPA) which correspondends to a 5% increase as compared to the year 2005 and is a new record high. With 24.900 applications (18.4% of total number of applications) Germany was once again at the top, followed by France with 8010 applications (5.9%) …
New German record trade surplus 20. June 2007 by Thomas Jannot According to preliminary figures published by the Federal Statistical Office, Germany´s trade surplus which increased by 164.6 billion Euros in 2006 hit a new record high. Thus, on a value basis German exports exceeded imports by 22.5% in 2006.