In recent years, role shifts and the establishment of new tasks and skills at C-level can increasingly be observed in top management. In addition, more and more new positions such as Chief Data Officer, Chief Digital Officer, or Chief Transformation Officer are being added at management level. Read here how companies fill these new positions […]
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The basic allowance is the amount of income for which no tax is due. The income is only taxed from this limit. The basic allowance is intended to ensure the subsistence level for taxpayers. The basic allowance applies to all taxable persons, including pensioners. The basic allowance ensures the tax-free subsistence level. The adjustment is […]
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A country’s central bank sets the interest rate at which commercial banks obtain liquidity. This interest rate, known as the key interest rate, determines the conditions under which the banks can borrow money from the central bank. The key interest rate influences the level of loan and savings interest. In the euro area, the European […]
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