Municipal public spending often increases prior to elections. This recurring phenomenon is the result of "political budget cycles", that is, strategic manipulation of expenditures or undue influence on other…
Economic expectations for Central and Eastern Europe including Turkey (CEE region) have slightly improved in August 2015. In the current survey, the ZEW-Erste Group Bank Economic Sentiment Indicator for the…
The ZEW-CS Indicator for Switzerland has increased by 11.3 points in August 2015, thereby rising from its July value of minus 5.4 points to a current reading of 5.9 points. Following significant deterioration…
The dispute over a solution to the Greek sovereign debt crisis has revealed the major shortcoming of eurozone crisis management: there is no effective strategy to enforce negotiated reforms and budget cuts if a…
For a number of years, the Centre for European Economic Research (ZEW) has regularly calculated the inheritance tax burden applicable when a large mid-tier sample company, in the legal form of a limited…
