New types of trade deals trigger new types of opposition The concerns that new trade agreements can raise are – just like the accords – a mix of classic and new issues. First is rising pressure on import competing industries and fears of potential job losses. Second are concerns aboutRead More →
Significantly fewer banks The way ahead With all the uncertainty about the future, we estimate that there will be significantly fewer banks with a viable business model in the next 10 to 15 years. Depending on the speed of change, we expect the number of banks to shrink from currentlyRead More →
German work week comprises 35 to 40 hours Working hours Generally, the German work week comprises 35 to 40 hours. The maximum work week allowed by the German Working Hours Act (Arbeitszeitgesetz – ArbZG) is 48 hours. Working hours during working days may not exceed eight hours. How- ever, theyRead More →
Screening of FDI Until 2004, Germany had no special legislation impacting foreign direct investment beyond general restrictions. A national security screening mechanism was introduced in 2004, which requires that investors from countries other than the member states of the European Union (EU) and the European Free Trade Association (EFTA, i.e.,Read More →
Hong Kong factor The “ Hong Kong factor” in statistics on foreign direct investment from China Due to its special economic status, Hong Kong is listed sep- arately in economic statistics. As a special administrative region (SAR) , it plays a special role in China’ s investment and trade flows.Read More →
Manufacturing Location Germany Manufacturing Location Germany German companies represent ten percent of European manu- facturing companies and generate 28 percent of total EU turn- over in the sector. More foreign companies are placing their faith in Germany as a vital production site location, and are benefiting from the country’s excellentRead More →
The Commission’s “Saint Nicholas” EMU package –no real surprises No real surprises hidden in the “Saint Nicholas” reform package from Brussels, a detailed set of reform proposals and communications that the European Commission published on Wednesday as a “roadmap” for deepening EMU. The proposals build on Commission President Juncker’s SeptemberRead More →
Investment through a domestic permanent establishment/permanent representative General principles If a permanent establishment situated in Germany is used for investments by a foreign investor, the proft derived from such permanent establishment is deemed to be income from trade or business and is thus subject to non-resident tax liability. The sameRead More →
4% levels inflation US inflation – Ready for a breakout While the threat of defation has receded, normal levels of price growth have proved surprisingly elusive despite the unparalleled levels of central bank money printing since the financial crisis. This is directly the result of an injection of rainbow resourcesRead More →
$12bn was invested in Alternative/Renewable Energy Just over $12bn was invested in Alternative/Renewable Energy. The clean energy sector saw a 23 percent increase in capital investment, whereas fossil fuel declined by 52 percent EU Forecast euf:ba.18.l:42/nws-01Read More →
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