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Hermann Simon, chairman of Simon-Kucher

Interviews 14th February 2017

“Spanish industry does very little to promote a dual training system adaptable to the needs of today”

“…One of the reasons for the high level of youth unemployment in Spain has to do with the fact that companies hardly get involved in the dual training system,” explains Hermann Simon the chairman of Simon-Kucher, the preferred consultancy firm of the “hidden champions,” those German mid-cap companies which compete globally. “Spain’s level of innovation is very weak…the whole country cannot live just off tourism services.”

stress tests

Markets 7th April 2015

European markets reopen

The Corner | April 7, 2015 | European markets reopen this morning, with three areas of specific interest likely to dominate events on trading floors. The first, will be the continued wrangling between Greece and its creditors, with hopes for a deal becoming increasingly slim as the acrimony between the various parties seemingly increased over the weekend. On Wall Street, quarterly results presentations will commence, while traders will also be closely monitoring a swathe of data which may offer an insight as to the future direction of the Fed’s monetary policy.

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In Europe 22nd July 2014

In third straight month of decline, industrial turnover falls 4.9 pct in May

ATHENS | Via Macropolis | The Turnover Index in Industry continued heading south for the third successive month dropping by 4.9 percent in May from a revised -10.5 percent in April, according to the Hellenic Statistical Authority (ELSTAT). The May performance indicates the ninth negative reading in the past 17 months, while four months showed a double-digit drop over this period.

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Markets 3rd May 2012

Euro zone PMI in April at mid-2009 levels

The Purchasing Managers Index provides one of the most reliable hints about a country’s GDP behaviour, so isn’t difficult to agree with all observers that April’s relapse in PMI figures in the euro zone spell loss of momentum in industrial activity. The data are at the lowest level since mid-2009. With no signs of acceleration of the indicators of activity and with early sentiment indexes’ falling in the second quarter of 2012, the risk of the…