Everyone agrees that most European states are in need of reform. These reforms, however, can only work effectively and without overburdening the people or damaging the
For German small and medium-sized companies, growth is both an obligation and a challenge. An obligation, as the export strength of German SMEs is an essential element
Apart from big companies, there are predominantly small and medium-sized companies (SME) with no access to the capital market in Germany. For them funding is a rather dif
The financial and economic crisis that has now resulted in a euro crisis has undermined truths that were thought to be self-evident. It seems that almost all self-establi
There is one thing politicians and experts agree on: private old-age provisions are becoming ever more important – for without appropriate precautions, a broad sectio
Anyone who, like the author, completed their apprenticeship in banking in August 1967, enjoys being a banker and believes that the term “honourable merchant” has signif
Even Aristotle said “wealth lies not in ownership but in the use of things” and thus in a way expressed the core idea behind leasing back in antiquity. Even if the leasin
The new German Capital Investment Act (Kapitalanlagegesetzbuch, KAGB) took effect on 22 July 2013. This marked the end of one of the most important regulatory projects in
Striving for security is one of mankind’s fundamental needs and the necessity for a risk-bearing community is firmly embedded in insurance principles. From a historical p
Unfortunately, statutory pensions in Germany are not quite as secure as the former Federal Minister of Labour Norbert Blüm once promised. The demographic change is th
