How can we motivate young people to spend more time thinking about financial subjects and their own money? The European Money Quiz (EMQ) is one playful, action-packed option. It is an integral part of the European Money Week (EMW) and definitely one of the highlights. The EMW takes place across

European Money Quiz: financial education with a side of fun and competition

Guest article by Andrea Grabner and Christian Jung, published in BANKINGNEWS, No. 297, December 2023.

When it comes to financial education, Germany has been lagging behind for some time now. However, this topic is finally being given the recognition it deserves by a wider audience. What needs to

Make 2024 the year of financial literacy!

The EU has set ambitious climate change mitigation goals as part of their Green Deal. In order to foster development of the greener technologies required to meet these goals, the Net Zero Industry Act is set to shorten approval times for projects and introduce government support for specific

Net Zero Industry Act: prioritising green investments

Demographic change, more specifically aging populations, represents a challenge for social security systems in many countries. Germany is particularly hard-hit, due to its low birth-rate and increased life expectancy, according to the latest key figures and forecasts from the Organisation for

OECD study: Pensions at a Glance

How can we motivate young people to spend more time thinking about financial subjects and their own money? The European Money Quiz (EMQ) is one playful, action-packed option. It is an integral part of the European Money Week (EMW) and definitely one of the highlights. The EMW takes place across Euro

Guest article by Andrea Grabner and Christian Jung, published in BANKINGNEWS, No. 297, December 2023.

When it comes to financial education, Germany has been lagging behind for some time now. However, this topic is finally being given the recognition it deserves by a wider audience. What needs to 

The EU has set ambitious climate change mitigation goals as part of their Green Deal. In order to foster development of the greener technologies required to meet these goals, the Net Zero Industry Act is set to shorten approval times for projects and introduce government support for specific technol

Demographic change, more specifically aging populations, represents a challenge for social security systems in many countries. Germany is particularly hard-hit, due to its low birth-rate and increased life expectancy, according to the latest key figures and forecasts from the Organisation for Econom

According to preliminary annual financial statements submitted by the Collective Agreement Archive of the Hans Böckler Foundation’s Institute of Economic and Social Research (WSI) at the beginning of December, this year’s wage increases have all but secured the purchasing power of employees covered 

Collective wage bargaining in 2023: competing with inflation

Germany is the only EU country with more renters than buyers. The share of homeowners actually fell last year from 49 to 47 percent, according to figures published recently by Eurostat. According to Eurostat, the share of ownership across the EU also fell, by almost one percentage point. Nevertheles

Renting more popular than buying in Germany

The number of skilled foreign workers in technical and scientific professions in Germany has increased significantly. According to the German Economic Institute in Cologne (Institut der deutschen Wirtschaft, IW), between 2012 and 2022, this figure rose by around 190 percent to approximately 202,000.

Demand for skilled workers from abroad

Insolvencies are an important indicator of the health of an economy because they are a threat to jobs, banks must absorb any unpaid debts and the suppliers of the affected companies are also at risk. But when is a company insolvent? A company is insolvent when it is no longer (or unlikely to be) abl

Corporate insolvencies on the rise

Many businesses in Germany are desperately searching for apprentices, and yet each year, many apprenticeships remain vacant. Companies and industries are increasingly competing in the search for new young talent, and that competition is starting to have an effect: the amount of money paid to apprent

Financial education

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European Money Quiz: financial education with a side of fun and ...

Make 2024 the year of financial literacy!

Net Zero Industry Act: prioritising green investments

OECD study: Pensions at a Glance

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