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Economy And Finance In The New German Coalition
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After four months of political deadlock, Germany's main political parties finally agreed to form a coalition government, after the inconclusive elections that were held in September last year. Despite the breakthrough, there were no sound cheers to the country's economy and finance. Germany's industry and finance experts argue that the deal agreed by the country's main political parties are much worse than initially expected as they do not make the economy fit in years to come.

 

Why are economists and industry experts worried?

In the deal agreed by CDU/CSU and SPD, a...

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A Comprehensive Review Of The Current Fintech Industry In Germany
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The European fintech industry has taken shape and is gradually maturing like in many other places across the world. Germany is one of those countries that have seen a growth in fintech, which is supported by the national financial regulator, BaFin. The industry reached $421 million in 2016 from $193 million in 2015, which is a 118% increase. Germany is also catching up to match the UK, which is among the best European fintech hubs as far as funding goes. In 2016, German fintech firms received more funding compared to those in the UK during both Q2 and Q3.

 

Brexit as a chance...

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Europe restructures and the UK rejoins. Could it happen?
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Could the EU possibly reform and restructure itself to the point where Britain would vote to rejoin? The idea isn’t as far-fetched as it may currently sound, and was discussed in the Financial Times recently. 

Most people would agree that the EU currently has some serious problems. Monetary union is not working well, immigration and freedom of movement policies are muddled and ineffective and the UK is about to leave. 

Add to that Poland’s decision to veto a resolution as a protest against Donald Tusk, and a vociferous chorus in France and Italy calling for an exit...

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Using Outdated Budgeting Tools to Reduce Expenditure
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Most companies are finding it hard to break even due to the ever increasing operation costs. Rising interest rates, wages and increased dollar value put companies under pressure because such factors make it difficult to generate enough revenue. These challenges have motivated business leaders to seek the council of budgeting tools developed in as late as the 1970s. Companies are now adopting the zero-based budgeting (ZBB) programs because they promise to raise savings levels by billions of dollars. Consulting experts indicate that the use of zero-based budgeting is poised to rise in 2017.

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The Impact of Immigration Quotas in Switzerland
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The line of difference between Switzerland and EU has been broadening every day since anti-immigration Swiss People’s Party (SVP) voters compromised the free cross-border agreement movement in a 2014 plebiscite. The deadline is fast approaching and a vivid consensus has not been reached to solve the bilateral agreement conflict. 
However, Switzerland’s lower house (Zurich) of parliament has suggested that businessmen should be allowed to hire foreigners on free will to reduce the highly increasing unemployment, especially among citizens. But this has been referred to as...

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