Merry Christmas 2008! 24. December 2008 by Thomas Jannot We all have been through quite a turbulent time recently and unfortunately the time ahead of us will not be less turbulent. Therefore it is all the more important to spend some contemplative days in order to take our breath. Everybody who despite all the stress and economic crisis keeps being in good health and …
Gross wages and salaries up by 3.0 percent in the 3rd quarter 23. December 2008 by Thomas Jannot As compared to the third quarter 2007 gross wages and salaries of full-time employees in the German processing industry and the service sector increased by 3.0% in the third quarter 2008. Currently the average gross wage is 3105 Euros per month. In the west of Germany the average monthly gross wage increased by 2.9% to …
More employees in German processing industry 19. December 2008 by Thomas Jannot In October this year the financial crisis had not yet affected employment in the German processing industry. At the end of October businesses in the German processing industry with at least 50 employees provided work to about 5.4 million people which was a plus of 2.0% or 105,700 people more as compared to October 2007. …
Purchasing power in 2009 forecast to stagnate in Germany 17. December 2008 by Thomas Jannot According to the latest study on purchasing power in Germany by the GfK market research association, next year the average salary increase and the inflation rate in Germany may probably set off each other so that purchasing power of Germans will stagnate. The study also shows that the average purchasing power differs significantly in different …
Public investment in high tech up by 2.7 percent 17. December 2008 by Thomas Jannot According to the German Association of Information Management, Telecommunications and New Media (BITKOM), it is estimated that in the year 2009 federal, regional and local authorities combined will invest 18.1 billion Euros in information technology and telecommunications. This would be an increase by 2.7% as compared to the current year 2008. These predictions are based …
Exports increased by 4.1% in the third quarter 16. December 2008 by Thomas Jannot In the third quarter 2008 Germany exported goods to the value of 250 billion Euros which is an increase by 4.1% as compared to the third quarter last year. After adjustment for prices exports increased by 1.5%. Imports to Germany amounted to 211 billion Euros which is a plus of 10.9% in nominal figures and …
Online business booming before Christmas 16. December 2008 by Thomas Jannot Online commerce and mail order business have been so far booming in the run up to the Christmas holidays. This is the finding of a survey carried out by the German association for mail order business (bvh) which this organisation carried out among its members. This association expects that Germans will spend about 5.7 billion …
German businesses recruit experts abroad 15. December 2008 by Thomas Jannot Due to a lack of qualified personnel German companies are increasingly looking for employees abroad. Currently 62% of all businesses employing more than 100 people look for new personnel abroad. This fact was demonstrated by a study by the Institute for Employment and Employability (IBE) at the university of applied sciences in Ludwigshafen. This study …
Bleak prospects for German economy 14. December 2008 by Thomas Jannot According to the Munich-based ifo Institute the German economy will have to face difficult months. German GDP is expected to shrink by 2.2%. The last such drop of German GDP was registered 60 years ago. The reason for these problems is a massive decline of the world economy. The crisis on international financial markets has …
EU sponsors China training for managers of SMEs 11. December 2008 by Thomas Jannot The objective of the “EU-China Managers Exchange and Training Programme” (METP) is to help small and medium-sized entities (SMEs) and non-governmental organizations to set up or improve businesss relations with China. To this end, a training programme was set up for managers of these businesses and organizations which is completely sponsored by the EU Commission. …