SECONDARY LEGISLATION: Directive DI87-04 for the provision of investment services by third country firms to eligible counterparties and professional clients Original link
BOARD DECISIONS: Granting an exception from the mandatory obligation to submit a takeover bid to the shareholders of HMS Hydraulic Machines & Systems Group Plc Original link
CIRCULARS CIF: C282 CIFs - ESMA product intervention decision on contracts for differences and binary options-Renewal Original link
Policy makers often try to optimize local law enforcement by reorganizing police forces. We study the effects of police reallocation via station closures on municipal crime by exploiting a quasi-experiment where a centrally administered reform substantially reduced the number of police stations. Combining a matching strategy with an event-study des
In 2017, the government deficit and debt of both the euro area (EA19) and the EU28 decreased in relative terms compared with 2016. In the euro area the government deficit to GDP ratio fell from 1.6% in 2016 to 1.0% in 2017, and in the EU28 from 1.7% to 1.0%. In the euro area the government debt to GDP ratio declined from 89.1% at the end of 2016 to
On 19 October 2018, a group of students studying federal defence administration at the Federal University of Applied Administrative Sciences visited ZEW. The university of applied sciences, which is located in Mannheim, aims to prepare the future administration professionals for their work in defence administrations on behalf of the federal governm
As a result of a large-scale police reform, the state of Baden-Württemberg closed around 40 per cent of municipal police stations. In a recent study carried out by the Centre for European Economic Research in Mannheim, researchers investigated in which ways the shut-down of police stations affected the local crime rate. According to the findings of
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