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30
Dec
2016
22
Nov
2016

Deutsche Bank says European banks face a conundrum: their customers are taking out few loans but depositing lots of cash, despite unprecedented low interest rates. In the Euro Area, lending to the private sector is at the same level as in 2009, while deposit volumes are up almost a quarter.

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19
Oct
2016
30
Aug
2016
15
Aug
2016
9
Aug
2016
4
Aug
2016

Employment income inequality in Germany has fallen over the last decade. Contrary to what many claim, new research shows that the gap between rich and poor has not widened. According to the latest available figures, the Gini coefficient (a measure of inequality) for the working population in Germany is slightly below the level of 2004.

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2
Aug
2016

The growth rate of the global manufacturing sector improved at the start of the third quarter with expansions in output and new orders during July, leading to a small increase in employment for the first time in six months. However, the recent economic signalls are mixed for the US, UK and the Euro Area.

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25
Jul
2016

The Observer newspaper reported on Sunday that "Senior British and EU sources have confirmed that despite strong initial resistance from French president François Hollande in talks with prime minister Theresa May last week, the idea of an emergency brake on the free movement of people that would go far further than the one David Cameron negotiated before the Brexit referendum is being examined." However Brexiters should be scared by current EU-Swiss talks on market access.

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14
Jun
2016

The Brexit campaign for the UK to leave the European Union is driven by emotion, in particular dislike of foreigners and a fantasy notion of modern state sovereignty. While there is evidence that people are ignorant of the facts on migration, there is no evidence that being aware of them would change existing views. Older people tend to be strongly opposed to immigration and Ipos-MORI has found that White opposition is greatest in the least ethnically diverse areas.

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