Go Deutsche for business

Go Deutsche for business

FOR THOSE OF US that can forgive and forget Germany’s 4-1 trouncing of England in last year’s World Cup, doing business with our German EU partner may spell good news in 2011.

Data from the Federal Statistical Office just released in the last couple of days show that Germany is the place to trade nowadays. Domestic investment in machinery last year was up nearly 10%, fuelling better than expected GDP growth figures. Domestic as well as healthy export growth led to the Germans posting a 3.6% rise in GDP in 2010 – far better than many of its western European neighbours.

Not only that, but trading with Germany is getting far less risky too. Federal insolvency statistics released this week for the period January to October 2010 showed business insolvencies numbering 26,966 – a year on year fall of 2.2%, but the decline in numbers is gathering pace; in October for instance, corporate insolvencies were down 12.8% on the previous October.

Gute Nachrichten!

 

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

Professional Services Why Professional Services Firms Should Ditch Folders and Embrace Metadata

2y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

2y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine

Accounting Firms Turn Accounts Payable into a value-engine

2y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021

Making Tax Digital Digital Links: A guide to MTD in 2021

2y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource