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According to preliminary figures provided by the European Statistical Office (Eurostat), prices in the Eurozone (EZ15) increased by 2.1% in November this year as compared to the same month in 2007. In October this year the annual inflation rate had been at 3.2%. Final figures will be available on December 17th. The above preliminary figures were calculated on the basis of data which some member states have already made available and on the basis of information on energy prices.

According to a new study by Kienbaum called „Wege aus der Standortfalle“ there are quite a lot of reasons for companies to chose Germany as an industrial location. For this study more than 100 top managers from traditional lines of industry such as mechanical and plant engineering, car manufacturing and the chemical and pharmaceutical industry were interviewed. Examples of the advantages which Germany offers as an industrial site are access to high technology, its service level as well as individual co-operations with clients with regard to research and development. In this respect Germany has much more to offer than industrial sites in Eastern Europe, China and India. The most important advantage of Germany, however, is the potential of German employees. +++