Tax fraud is a serious problem for fiscal authorities worldwide, not only in countries regarded as "hightax" like Germany. Besides longterm tax reforms, tax amnesties are used to bring back taxable amounts into the legal sector. The German tax amnesty of 2004/2005 was one of the last examples in...

The study examines the influence of public expenditure on economic growth in Germany. According to growth theory the effect of public spending on growth is not definite, but the result of a linear regression based on the period 1961-2002 indicates a negative relationship. The next part is...

Excessive sovereign debt exposures of banks contributed to the gravity of the financial and sovereign debt crisis in 2011 and 2012, as well as to the slow and asymmetric recovery of European countries. Various policies that improve banks' resilience were introduced in recent years, however the...