Banking / Investment in Germany
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GERMANY, 2013/10/23
Confidence part German investors surged to its highest level in three and a half years in October as the economy began to turn the corner with Europe showing signs of recovery, a survey by the Center For European Economic Research or ZEW revealed Tuesday.
The ZEW indicator of economic sentiment increased to 52.8 in October from 49.6 in September, the Mannheim-based think tank said. The index reading was the highest since April 2010.
The indicator has instantly increased for a third consecutive month. Economists had estimate the reading to remain the same as in September. ZEW surveys up to 350 financial experts for compiling the statement.
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GERMANY, 2013/07/16
During his visit to Athens next Thursday, German Finance Minister Wolfgang Schaeuble is to sign an agreement for government-owned development bank KfW to provide capital for the creation of an investment fund in Greece, Kathimerini reported. The fund, set to be called the Institution for Increase in Greece, will have initial capital of 500 million euros.
Of this, 350 million will come from European Union structural funds and Greece’s public investment program.
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GERMANY, 2013/04/28
Almost 90 % of German businesses present in Serbia would invest in the country again, a recent survey suggested.
“Serbia is a crucial country in the Balkans for Germany, both politically and economically,” Heinz Wilhelm, German Ambassador to Serbia, said on Tuesday at the presentation of the survey results.
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GERMANY, 2012/12/07
Flossbach von Storch - one of the companies offering wealth management (vermögensverwaltende) funds to the German market - argues that for a lot of clients this is the only product they need.
The recent financial crisis has shaken the world of mixed funds. A recent analysis by Morningstar Germany revealed that only 6 of 81 funds were able to outperform a 50/50 stock-bond-benchmark.
