The Trump administration has specified first details of their long-announced tax reform. Accordingly, the reform seeks to cut corporate tax rates to 15 per cent, down from 35 per cent. For now, this tax cut…
Under the balanced budget amendment (or "debt brake") in Germany’s Basic Law, as of 2020 the federal states will be forced to balance their budgets and as of last year the limit on the total national deficit is…
Three months after the last rate hike in December 2016, the US Federal Reserve System has decided to raise the federal funds rate again, to a range between 0.75 and 1.0 per cent. Friedrich Heinemann, head of…
Speaking at the European Parliament today, President of the European Commission Jean-Claude Juncker presented his White Paper on the future of the EU. President of the Centre for European Economic Research…
In his first speech to Congress, US President Donald Trump outlined the key aspects of his government programme. Professor Friedrich Heinemann, head of the Research Department "Corporate Taxation and Public…
The US Federal Reserve System (Fed) left its key interest rate unchanged, in a range of 0.50 percent to 0.75 per cent, in its most recent policy meeting. In December 2016, the US central bank had raised its…