Concentrated in Bavaria German manufacturing concentrated in Bavaria, Baden-Württemberg and North Rhine-Westphalia The added value of German manufacturing was almost €530 billion in 2012, the majority being created in Bavaria and Baden- Württemberg, with North Rhine-Westphalia not far behind. In 2011, North Rhine- Westphalia was still the largest industrial region.
European banks The major European banks have seen their revenues stabilise in 2017, and through further cost-cutting and improvements in asset quality, their profitability rebounded strongly to the second-best figure in the past decade. However,banks continued to shrink, and both total assets and risk-weighted assets fell substantially. This helped capital
Gas vs Coal In the US, while gas is expected to remain cost competitive against coal, there is a risk that expectations for nuclear decommissioning takes place later rather than sooner. Given that nuclear and gas are more interchangeable from a clean energy perspective than nuclear and coal, such a
EU budget hardball – get ready for tough post-Brexit MFF Negotiations 2018-2019 will be a crucial period for the future of EU finances. In May, the European Commission will present a proposal on how to “modernise” the Union’s post-Brexit Multiannual Financial Framework (MFF). The MFF, currently adopted every seven years,
Weak points of our approximation method Numerous factors are not included in our approximation method. Neither higher rents for new residential property nor index rents for existing tenancy agreements are factored in. When calculating rental inflation, it also makes a big difference whether the same tenants move to a new