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Fitness programme continues: European banks become leaner, but stronger
European banks had a patchy start to the year.
European banks had a patchy start to the year. The common theme of Q1 performance was the continued slight shrinkage of the industry, visible in many core indicators. Overall results were solid though, showing further progress in asset quality and resilience in light of tighter regulation (IFRS 9). [more]
For the average German a sack of rice falling over in China has long been none of his business. In the meantime, however, the importance of events in China for the German economy has come to be recognised. [more]
German manufacturers increased output by 0.2% qoq in real terms in Q2 2015. However, growth will probably be slower in H2 than anticipated to date. Therefore, we are revising our forecast for 2015 output to the downside – from 1. [more]
Debate over blockchain technology is raging in many online and offline media at present. In principle, the technology constitutes a decentralised ledger system that can be coordinated via peer-to-peer (P2P) networks. [more]
Germany was an attractive destination for migrants in 2014 for the fifth year in a row. The net migration balance climbed again by roughly 20% on the year and clearly exceeded the 500,000 mark for the first time since 1992. Roughly 1. [more]