2019

Regulation of cryptocurrencies and economic relevance of crypto mining – Presentation at the American University of Armenia

On December 2, upon the invitation of Berlin Economics, Jens Münzer from the Federal Financial Supervisory Authority (BaFin) gave a talk on the regulation of cryptocurrencies at the American University of Armenia, exemplified by German legislation. The Armenian government wants to boost the IT sector and has opened a free economic zone with a centre for crypto mining. There are initiatives in Armenia to regulate cryptocurrencies only lightly, which would entail significant risks for the banking sector and the country’s reputation. Against this background, regulation of cryptocurrencies is of particular significance in Armenia.

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Regulation of cryptocurrencies – Seminar in the Central Bank of Armenia

Despite the increased global interest in cryptocurrencies, there exists no international consensus on how to regulate them. Berlin Economics invited Jens Münzer from the Federal Financial Supervisory Authority (BaFin) to give a presentation on the topic of regulation of cryptocurrencies, exemplified by German legislation. On December 2, the seminar was held in the Central Bank of Armenia with ca. 35 attendees from the CBA. Many interposed questions and a vivid discussion clearly demonstrated keen interest and current relevance of the topic.

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GET Georgia presents the second issue of the Financial Sector Monitor Georgia

During a trip to Tbilisi, Dr. Alexander Lehmann, financial sector expert of the German Economic Team (GET) Georgia, presented the second issue of the Financial Sector Monitor.

This product is consistently done in several countries in the region and reveals that the Georgian financial sector is a major asset in the investment environment. The publication analyses the sector in a regional context. It sketches the sector’s potential to further support growth and innovation in Georgia and to provide wider access to credit for households and enterprises. It also highlights the strengths and weaknesses of the banking sector for Georgia’s future development.

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Presentation of the 1st issue of the Economic Monitor Armenia in Yerevan

On September 26, Dr. Ricardo Giucci, Managing Director of Berlin Economics, presented the first Economic Monitor on Armenia in Yerevan. Afterwards, Björn Vogler, consultant at Berlin Economics, presented the results of a new study on foreign direct investment (FDI) in Armenia. Mr. Giucci and Mr. Vogler were accompanied by Boris Schneider, project manager for Armenia. The event was organised in cooperation with the German Embassy and the German Business Association (DWV) in Armenia. Numerous German businesspeople from Armenia as well as government officials and EU representatives took part in the event.

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Presentation of study on the comparative effect of the DCFTA on Ukraine, Moldova and Georgia

On the 8th of July Dr. Ricardo Giucci, Managing Director of Berlin Economics, during an event at the Federal Ministry for Economic Affairs and Energy (BMWi), carried out a study by Berlin Economics on the economic effects of the deep and comprehensive free trade agreements (“DCFTA”) on Ukraine, Moldova and Georgia. He was accompanied by Woldemar Walter, Coordinator of the German Economic Team Moldova.

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2018

Lecture at MACRO 2018 Conference in Moldova

On October 19th, Woldemar Walter, Advisor to the German Economic Team Moldova, gave a lecture in the context of the conference ‘MACRO 2018’ on the influence of foreign direct investment (FDI) on the Moldovan economy, population and government.

As Woldemar Walter conclusively explained in his presentation, in Moldova, foreign direct investment, which is relatively low by international standards, has a major impact on the economy, the people and the government. For example, companies with foreign capital account for about 23% of total Moldovan value added and a high and growing share of exports.

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German Advisory Group Ukraine: Industry 4.0

On August 29 in 2018 the German Advisory Group and the Reforms Delivery Office, an advisory body to the Cabinet of Ministers, hosted a joint seminar on the topic: ” Industry 4.0 – Overview and Policy Implications”.

Dr. Philip Steden introduced the specialized audience to the basic features and components of Industry 4.0 – the so called forth industrial revolution – and illustrated possible fields of application and advantages of Industry 4.0 technologies with examples from Germany.

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Reporting on current topics of Berlin Economics’ advisory work

In the context of our advisory work to governments in Ukraine, Belarus, Moldova and Georgia, Berlin Economics hosts a biannual event to report about current economic policy topics in these countries.

The event took place on July 4th in the Federal Ministry for Economic Affairs and Energy. Using this format we aim to provide an opportunity for representatives of German institutions to get background information about current economic developments.

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Regulation of Cryptocurrencies – Seminar in the National Bank of Georgia

Georgia is one of the largest producers of cryptocurrencies („miners“) worldwide, with a potential influence on the Georgian economy. Despite the increased global interest in cryptocurrencies, there exists no  international regulation of any kind. This is true for the European Union as well, where EU-members adopt their own national laws regarding cryptocurrency regulation, even though cryptocurrencies can potentially be used for money laundering, due to their decentralized organization.

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Workshop on central bank communication

Workshop held by Centre for Economic Strategy and German Advisory Group on Central Bank Communication

On April 18 the Centre for Economic Strategy and experts from the German Advisory Group conducted a workshop on central bank communication as a tool for shaping market participants‘ expectations. The event was opened by Ms. Yildiz Görtze, head of the department at the Federal Ministry for Economic Affairs and Energy, who acknowledged the significant progress of the recent years‘ reforms in the Ukrainian financial sector.

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Conference on financing opportunities in Ukraine

On March 20 the conference on financing opportunities in Ukraine took place in Berlin. The event was co-organised by the German-Ukrainian Forum, the German Advisory Group, the GIZ, the German-Ukrainian Chamber of Industry and Commerce as well as the Ukrainian Embassy.continue reading…

 

2017

Runder Tisch zum Thema Inventarabschreibungen

Am 19. Oktober 2017 veranstaltete GET Georgien, in Zusammenarbeit mit unserem Partnerinstitut ISET, einen runden Tisch zum Thema Inventarabschreibungen von natürlichen und Produktionsverlusten von Unternehmen. Dieses Thema betrifft derzeit Unternehmen, die mit verderblichen Waren arbeiten, wie etwa in der Nahrungsmittelverarbeitung, oder in deren Herstellungsprozessen technisch bedingt ein signifikanter Mengenanteil der Ware nicht im Endprodukt verbleibt. continue reading…

Presentation of the 6th Issue of the Economic Monitor Georgia in Tbilisi

David Saha, Project Manager of the German Economic Team (GET) Georgia and Anne Mdinaradze, Analyst, presented the 6th issue of the Economic Monitor Georgia at the event “Current Economic Issues and Implications for Business: DCFTA, EU-Trade, Sectors, Taxes”, which took place on 21 May 2017 in Tbilisi and was organised in cooperation with the German Business Association (DWV). continue reading…

First European Investment Forum in Uruguay

The First European Investment Forum in Uruguay shall take place in Montevideo, between 21 and 22 of June 2017. It is an initiative promoted and financed by the European Union. The activity is co-organized with Uruguay XXI, the country´s Investment and Export Promotion Institute. continue reading…

 

2016

Business Forum Russia

On 27.10.2016 in Stuttgart Business Forum Russia took place that focused on the following topics: localization and import substitution, branch check and Industry Forum, economic and geopolitical aspects of the Eurasian Economic Union. continue reading…

Belarus Forum BROADENING THE HORIZONS

On September 29 and 30 the Belarus Forum took place in Minsk. It is the first forum in Minsk, in which representatives of the state organs and international financial institutions participated together with private foreign investors, experts and Belarusian entrepreneurs. continue reading…

Workshop at the Ministry of Economy in Belarus

Upon request of the Georgian Ministry of Economy, GET Georgia organized a workshop for the employees of the Ministries of Economy and Agriculture, which was conducted on September 14. The workshop was based on the publication of GET Georgia about FDI attraction in Georgia. continue reading…

Berlin Economics 10 year anniversary

Since January 2016 Berlin Economics can look back to 10 years of successful economic consulting in Eastern Europe. For this occasion, Berlin Economics invited principals, long-term partners, associated consultants and employees for an anniversary celebration.
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