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EU government debt up to 86.8% of GDP

Brussels, 22/01/2014 - At the end of the third quarter of 2013, the government debt to GDP ratio in the euro area stood at 92.7%, compared with 93.4% at the end of the second quarter of 2013, the first fall in absolute terms since the fourth quarter of 2007. In the EU the ratio increased from 86.7% to 86.8%, mainly due to exchange rate effects. more...


CEOs' confidence rises for 2014

Frankfurt/Main, 21/01/2014 - Twice as many CEOs around the world as last year believe the global economy will improve in the next 12 months, and 39% say they are ‘very confident’ their company’s revenues will grow in 2014, according to PwC’s 17th Annual Global CEO Survey. The number of CEOs who see improvement in the global economy over the next 12 months leapt to 44%, up from only 18% last year. more...


UN: Rise in global tourism forecast to continue after exceeding 2013 expectations

New York, 20/01/2014 - Despite global economic challenges, international tourism in 2013 was well above expectations, with an additional 52 million people travelling the world last year, the United Nations said today, adding that continued growth is expected for 2014. more...


OECD: Russian economy growing but further reforms needed

Berlin, 15/01/2014 - The Russian Federation’s economy is growing, but further reforms are needed according to the OECD. The OECD Economic Survey of Russia underscores the importance of making the economy less dependent on fluctuations of world market prices for natural resources, increasing productivity, and better matching skills to jobs. more...


Global food prices 2013 third highest on record

New York, 09/01/2014 - For the second consecutive month, the cost of food worldwide remained nearly unchanged in December, with overall global food prices for 2013 among the highest on record, the United Nations food agency (FAO) today reported. The FAO’s Index measures the monthly change in international prices of a basket of 55 food commodities, including meat, dairy, sugar, and cereals. more...


Economic outlook for China declines slightly

Mannheim, 08/01/2014 - In the current survey the CEP-Indicator of Economic Sentiment for China worsened slightly. The CEP-Indicator captures the expectations of financial market experts regarding the economic development in China over the course of the next twelve months. Still, more than 67 percent of the surveyed experts assume economic conditions to improve further. more...


Euro area unemployment rate at 12.1%

Brussels, 08/01/2014 - The euro area seasonally-adjusted unemployment rate was 12.1% in November 2013, stable since April. The EU unemployment rate was 10.9%, stable since May. In both zones, the rates increased compared with November 2012, when they were 11.8% and 10.8% respectively. mehr...


New car market 'poised for further growth'

Munich, 08/01/2014 - The UK's new car market should continue on its upward trajectory in 2014, according to an expert from Deloitte, although the pace of growth may slow. New data from the Society of Motor Manufacturers and Traders (SMMT) shows that new car sales reached a six-year high in 2013, with 2,264,737 registered overall. more...


Study warns: Cultural and creative sectors missing out on billions of euros in bank loans

Brussels, 07/01/2014 - It is a source of frustration all too familiar to cultural and creative businesses across Europe. When they go to their bank and ask for a loan, almost all usually find the door firmly shut. A new study finds that a mismatch in supply and demand in the loans market means creative businesses are missing out on billions of euros in credit. more...


Many companies are unprepared for rising cross-border investigations

Zug, 06/01/2014 - According to the 2013 KPMG Cross-Border Investigations survey of sixty global executives, over fifty percent of these executives reported that they have limited protocols in place and have insufficient resources to conduct cross-border investigations. more...


Company of the Month

amplus AG

A plus for the internet

The world wide web has continued its ascent in popularity and is considered a must in all spheres of life. It allows businesses to attract custom and new ventures to source financing. Research calls on the input of thousands of online participants. More, accessible information calls for faster and stronger internet connections, and amplus AG is up to that challenge. Nothing less than the cutting edge is good enough for the tech company.

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