Category Archives: Economy

Economy Press Releases & News distributed via EuropaWire

WMG Professor Janet Godsell: More and more companies are realising that overseas production is not as cost effective as it used to be

COVENTRY, 27-Sep-2017 — /EuropaWire/ — A new report launched today by researchers at WMG at the University of Warwick, and Reshoring UK, finds that UK companies that consider both direct and indirect reshoring of manufacturing gain best performance boosts and urges … Read the full press release

KfW and KfW IPEX-Bank acknowledge importance of work-caregiving balance in Hessen

Voluntary acknowledgement to honour caregiving performed by employees Diverse support services related to ‘work and caregiving’ Frankfurt am Main, 25-Sep-2017 — /EuropaWire/ — Today (2017-09-20), KfW and its subsidiary KfW IPEX-Bank signed the charter on balancing work and caregiving in the … Read the full press release

Minister President Bouffier tours the Werra Verbund Plant, learns about the potash district’s economic situation

KASSEL, 22-Sep-2017 — /EuropaWire/ — Today (20 September 2017) Volker Bouffier, Minister President of Hesse, visited the Werra Verbund plant to get informed about the current economic situation of the potash district and, at the same time, praised the efforts … Read the full press release

Destatis: the highest poverty risk in all of Germany recorded for Bremen

WIESBADEN, 31-Aug-2017 — /EuropaWire/ — In terms of the at-risk-of-poverty rate, the poverty risk was lowest in the southern Länder of Baden-Württemberg (11.9%) and Bayern (12.1%) in 2016. The Federal Statistical Office (Destatis) reports that the highest poverty risk in all of Germany was recorded for Bremen (22.6%), followed by Sachsen-Anhalt (21.4%) … Read the full press release

Destatis: agreed earnings up 3.8% in 2Q 2017 YoY

WIESBADEN, 31-Aug-2017 — /EuropaWire/ — The collectively agreed earnings, as measured by the index of agreed monthly earnings including extra payments, increased by an average 3.8% in the second quarter of 2017 compared with the same quarter of the previous year. … Read the full press release

Destatis: 509,997 young people concluded new apprenticeship contracts in 2016

WIESBADEN, 31-Aug-2017 — /EuropaWire/ — A total of 509,997 young people concluded new apprenticeship contracts in 2016. This was a decrease of 1.3% compared with a year earlier. The Federal Statistical Office (Destatis) also reports that management assistant for retail services … Read the full press release

Destatis: Germany inflation measured by the consumer price index expected at 1.8% in August 2017

WIESBADEN, 30-Aug-2017 — /EuropaWire/ — The inflation rate in Germany as measured by the consumer price index is expected to be 1.8% in August 2017. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the … Read the full press release

UK Gov: Scotland’s deficit is more than three times higher than that of the UK

Figures published today show that Scotland’s deficit is more than three times higher than that of the UK as a whole LONDON, 23-Aug-2017 — /EuropaWire/ — Reacting to the Scottish Government’s GERS figures, published today, Scottish Secretary David Mundell said: These figures from … Read the full press release

Destatis: settlement with statutory health insurance institutions accounted for 70.4% of the receipts of medical practices in 2015

WIESBADEN, 16-Aug-2017 — /EuropaWire/ — In 2015, settlement with statutory health insurance institutions accounted for the largest part of the receipts of medical practices (70.4%). The Federal Statistical Office (Destatis) also reports that 26.3% of the receipts came from settlement with … Read the full press release

Destatis: Mindestlohn verringert Spannweite der Tarifverdienste in einzelnen Branchen

WIESBADEN, 16-Aug-2017 — /EuropaWire/ — Der Abstand zwischen den höchsten und den niedrigsten Verdienstgruppen in Tarifverträgen ist zwischen Dezember 2014 – also kurz vor Einführung des gesetzlichen Mindestlohns – und Juni 2017 gesamtwirtschaftlich um 0,2 % gesunken. Wie das Statistische Bundesamt (Destatis) … Read the full press release

Atypical employment in 2016 in Germany at 20.7% – Destatis

WIESBADEN, 16-Aug-2017 — /EuropaWire/ — One in five people in employment aged 15 to 64 years (20.7%) were in atypical employment in 2016. Based on results of the microcensus, the Federal Statistical Office (Destatis) reports that the proportion of people in … Read the full press release

Destatis: 19,5 Millionen Patienten im Jahr 2016 stationär im Krankenhaus behandelt

WIESBADEN, 15-Aug-2017 — /EuropaWire/ — Im Jahr 2016 wurden 19,5 Millionen Patientinnen und Patienten stationär im Krankenhaus behandelt. Das waren 277 400 Behandlungsfälle oder 1,4 % mehr als im Jahr zuvor. Wie das Statistische Bundesamt (Destatis) nach vorläufigen Ergebnissen weiter mitteilt, dauerte der … Read the full press release

Bank of Scotland July’s PMI: strong start to 3Q of 2017 for the Scottish private sector

Headline PMI rises to 53.8, the highest since October 2014 Solid expansions in new business and employment Trend of expansion in combined manufacturing and services output extends to its longest sequence since 2014 EDINBURGH, 15-Aug-2017 — /EuropaWire/ — July’s PMI® survey data … Read the full press release

Lloyds Regional PMI: Business activity increased across England and Wales for the twelfth month in a row

England sees sustained moderate growth in business activity at start of third quarter Wales maintains its recent strong performance thanks to pipeline of new orders Yorkshire & Humber and West Midlands remain top-performing regions overall while the North East sees … Read the full press release

Rabobank: consumers’ shift away from sugar consumption will likely slowdown the worldwide sugar market

 UTRECHT, 11-Aug-2017 — /EuropaWire/ — The consumers’ shift away from sugar consumption is an important driver behind significant changes in the food and beverage industry. These changes will have long-term ramifications, including a likely slowdown in the worldwide sugar market, … Read the full press release

World Economic Forum, Confederation of Indian Industry will host this year’s India Economic Summit in Delhi, 4 to 6 October, 2017

 The World Economic Forum will host the 2017 India Economic Summit in Delhi from 4 to 6 October Under the theme “Creating Indian Narratives on Global Challenges”, the Forum and the Confederation of Indian Industry (CII) is hosting over 600 … Read the full press release

RaboResearch’s latest Global Pork Quarterly: China’s pork imports slow down, other traditional importing countries report significant growth

UTRECHT, 21-Jul-2017 — /EuropaWire/ — Global pork trade is facing new dynamics, driven by price developments, new trade deals, and more challenging business environments, according to RaboResearch’s latest Global Pork Quarterly. “While China’s pork imports have begun to slow down, … Read the full press release

Airbus Global Market Forecast 2017-2036: 34,170 passenger and 730 freighter aircraft worth a combined total of US$5.3 trillion will be needed

Additional need for 530,000 pilots and 550,000 technicians with services set to grow TOULOUSE, 09-Jun-2017 — /EuropaWire/ — The world’s passenger aircraft fleet above 100 seats is set to more than double in the next 20 years to over 40,000 planes … Read the full press release

Brexit uncertainty resulted in significant drop in mergers and acquisitions (M&A) activity in the UK

The Brexit referendum and surrounding policy uncertainty has resulted in a significant drop in mergers and acquisitions (M&A) activity in the UK, according to researchers at the University of East Anglia (UEA). NORWICH, 09-Jun-2017 — /EuropaWire/ — In the 11 months … Read the full press release

University of East Anglia: Insufficient funding for electoral services could ultimately threaten the democratic process

Insufficient resources to maintain the electoral register, plan for the poll and encourage voters to participate could ultimately threaten the democratic process, according to new research from the University of East Anglia (UEA) and ClearView Research. NORWICH, 09-Jun-2017 — /EuropaWire/ … Read the full press release

University of Sussex: Brexit may lead to boom in tourism and high-end exports in the South East

BRIGHTON, 06-Jun-2017 — /EuropaWire/ — Brexit could lead to a boom in tourism and high-end exports in the South East, according to a consultation with local people by trade experts at the University of Sussex. However, there is growing concern about … Read the full press release

EU-UK relationship report: striking degree of consensus that full Single Market access should be retained

Researchers engaged with people across the East of England and found anxiety and resentment, as well as a broad consensus that the UK should remain in the single market.  CAMBRIDGE, 24-May-2017 — /EuropaWire/ — A new report on public attitudes to the … Read the full press release

EY European attractiveness survey: Foreign direct investment (FDI) into Europe record high in 2016

  5,845 foreign direct investment (FDI) projects into Europe in 2016 mark a 15% year-on-year increase UK, Germany and France attract just over half (51%) of Europe’s FDI in 2016 56% of global investors say Europe will regain steady growth … Read the full press release

WEF Middle East and North Africa: 1,200 business and political leaders from over 60 countries participated

Dead Sea, Jordan, 22-May-2017 — /EuropaWire/ — The World Economic Forum on the Middle East and North Africa has taken place at the Dead Sea in Jordan over the last three days. With the full support and presence of Their Majesties … Read the full press release

WEF Middle East and North Africa: amazing potential of young people and young companies

Economic and political reforms are needed to give young people hope and to allow them to thrive as entrepreneurs New careers are emerging, and education is key to creating the talent required for start-ups A diverse group of clerics called … Read the full press release

WEF: Rising income and wealth disparity is the trend likely to most affect the Arab world in the coming years

New briefing bases its findings on the perceptions of global experts and businesses in the region Diversifying the economy, reducing public intervention in the markets, providing opportunities for young people and improving the innovation ecosystem are the key challenges that … Read the full press release

Destatis: employment in manufacturing up 1.1% in March 2017 vs the same month last year

WIESBADEN, 16-May-2017 — /EuropaWire/ — At the end of March 2017, 5.4 million people worked in local units of manufacturing with 50 or more persons employed in Germany. As reported by the Federal Statistical Office (Destatis) on the basis of provisional results, … Read the full press release

Destatis: the birth rate in Germany was 1.50 children per woman in 2015

WIESBADEN, 16-May-2017 — /EuropaWire/ — In 2015, the birth rate in Germany was 1.50 children per woman. Although it is the highest figure since German reunification, the rate remains below the EU average of 1.58 children per woman. This is … Read the full press release

UK Workers Are Illegally Denied Access to Justice

OXFORD, 23-Mar-2017 — /EuropaWire/ — UK workers are being illegally denied access to justice, according to Oxford academics in a forthcoming article in the journal, Modern Law Review. Their conclusions support an ongoing legal challenge to the employment tribunal fees regime, … Read the full press release

Coverage of World Economic Forum Now Open for Media Accreditation

The World Economic Forum on the Middle East and North Africa will take place at the Dead Sea, Jordan, on 19-21 May 2017 with the full support and participation of Their Majesties King Abdullah II and Queen Rania Al Abdullah … Read the full press release