Category: SKR Insights
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Global Gateway – clear signals to the world economy
The European Union wants to invest around 300 billion euros in infrastructure projects within the framework of its Global Gateway Strategy – it is a matter of strategic autonomy and geopolitical aspiration. This means that new times have dawned not only in politics but also for the economy. Partners, competitors, systemic rivals The European…
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Climate protection versus energy crisis? Rethink now!
Climate protection remains important, no question about it. However, the underlying conditions have changed massively with Russia’s war in Ukraine – they pose enormous challenges for the economy throughout Europe. Instead of a recovery after Corona, a deep recession is looming and in view of the high energy prices, many companies are struggling to survive.…
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M&A in logistics
The transport and logistics industry experienced an unprecedented peak in the area of mergers & acquisitions (M&A) in 2021. In the first half of 2022, the number of transactions has fallen again for the first time. In view of increasing economic uncertainties, investors are becoming more cautious. While interest in corporate takeovers remains high, so…
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Why is there a labour shortage
And what can we do about it? The Institute for Employment Research (Institut für Arbeitsmarkt- und Berufsforschung) found that more than 1.9 million positions in Germany were unfilled at the end of the second quarter of 2022 – more than ever before. The need for personnel has increased in almost all sectors. Whether in restaurants,…
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Inflation in the eurozone – what can be done?
The EU is struggling with inflation: In May, price increases in the eurozone averaged 8.1 percent. France and Germany were slightly below this average at 5.2 and 7.9 percent respectively, while the UK was well above at 9.1 percent. The highest inflation rates, however, were recorded in Estonia at 20.1 percent and Latvia at 16.4…
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Excess profits tax is detrimental to Germany as an investment location
Fueling up is frustrating these days. With Russia’s war of aggression on Ukraine, the price of gasoline in Germany rose well above two euros per liter, and even the discount granted by law from June 1, 2022, has not yet had the desired effect. In the public debate, the discussion quickly turned to the question…
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Breaking a German Taboo: Minimum Wage Dictated by the State
The way is clear for minimum wage to be raised to 12 euros beginning in October. The Bundestag passed the corresponding bill on June 3, 2022, and the Bundesrat approved it on June 10, 2022. This means that the minimum wage in Germany, which was still 9.82 euros in January 2022, will have increased by…
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The market economy needs new rules
Digital sovereignty – this is how the EU intends to maintain its innovation and competitiveness in the future. This is because technological know-how and economic power are increasingly concentrated in the hands of a few, large online giants from Asia and the USA, giants which (can) dominate the market as gatekeepers. Whether it’s Alphabet, Amazon,…
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Cyber crime – a real problem for companies
Attacks on corporate IT represent the greatest challenge for businesses worldwide. They involve the threat of blackmail, theft and system failures – more often than not, considerable financial damage. According to the digital association Bitkom, the German economy alone recorded damage from cybercrime of more than 220 billion euros in 2020/21, twice as high as…
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War in Ukraine – a turning point for politics and business
The conflict in Ukraine is not only bringing suffering to 40 million people fighting for their land, living in fear or fleeing to safety, this war is becoming a historic turning point – and will have a decisive influence on the political order, trade and economy worldwide. Putin’s world “Change through trade” is a much-quoted…