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  1. Credit Constraints Increase Slightly, But Financing Conditions for German Companies Remain Very Favourable

    teaserImage German companies continue to enjoy very good access to bank loans. Credit constraints for German industry and trade rose slightly to 18.4 percent from 17.9 percent. Financing conditions for German firms remain excellent. Details

  2. Ifo Business Climate for Eastern Germany Continues to Cloud Over

    teaserImage The Ifo Business Climate Index for Eastern German trade and industry fell for the third consecutive month in September to just 107.3 points. While assessments of the current business situation in Eastern Germany remained almost unchanged compared to August, survey participants are clearly less optimistic about future business developments over the next six months. Geopolitical tensions are increasingly weakening the impetus of the Eastern German economy. Details

  3. New Online Course: “Solution and Innovation Skills”

    teaserImage The European Union research project “LLLightinEurope”, in which the Ifo Institute is a participating institution, is offering a comprehensive, open online course (MOOC) entitled “Solution and Innovation Skills” in conjunction with the Digital School of Leuphana University of Lüneburg and the Zeppelin University in Friedrichshafen. The course starts on October 8th this year. With this online-course, the partner universities take up the topic of innovation and participants learn how to develop and implement new ideas. The ten-week course is taught in English and is free of charge and open to everyone. Researchers from such institutions as the Harvard Business School, the MIT Media Lab, the Harvard Kennedy School, and the University of Luxembourg have helped to develop the ideas for this course. Details

  4. German Companies Are Slightly More Cautious About Recruiting

    teaserImage German firms are slightly less willing to recruit new staff. The Ifo Employment Barometer fell to 106.0 index points in September, after 107.0 points in August. Last month’s slightly positive employment dynamic is nevertheless expected to continue. Details

  5. Ifo Architects Survey: Encouragingly Good Current Business Situation

    teaserImage The business climate clouded over slightly at the beginning of the third quarter of 2014, but nevertheless remains very friendly, according to the results of the Ifo Institute’s survey of freelance architects. Details

  6. Cost-Cutting by Germany’s Car Manufacturers: Can Key Industry Maintain Its Position?

    teaserImage The automobile industry is facing major upheavals. Its costs are rising steadily and the biggest German car manufacturers are announcing massive long-term cost-cutting programmes. This issue is discussed in ifo Schnelldienst 18/2014 by Ferdinand Dudenhöffer, CAR-Center Automotive Research at the University of Duisburg-Essen, Heike Proff, University of Duisburg-Essen, and Klaus Bräunig and Marius Baader, Verband der Automobilindustrie (VDA), Berlin. Details

  7. Ifo Business Climate Index Continues to Fall

    teaserImage The Ifo Business Climate Index for industry and trade in Germany fell in September to 104.7 points from 106.3 points in the previous month. The index dropped to its lowest level since April 2013. Assessments of the current business situation were once again less favourable than last month. Expectations with regard to the six-month business outlook fell to their lowest level since December 2012. The German economy is no longer running smoothly. Details

  8. German Service Sector: Ifo Business Climate Indicator for Service Sector Falls

    teaserImage The Ifo Business Climate Indicator for the German service sector continued to decline in September to 18.9 balance points, from 20.1 points in the previous month. Although the current business situation clouded over considerably, it remains at a high level. More service providers are now optimistic about future business developments. Details

  9. Eastern German Economy Continues to Lag Behind

    teaserImage A quarter of a century after the fall of the Berlin Wall Eastern Germany's economy continues to lag behind that of Western Germany. The gap between Eastern and Western Germany's economies has remained practically unchanged for years, and there is hardly any sign of the East catching up. Per capita GDP in the area formerly known as the German Democratic Republic is 66 percent of that in the former Federal Republic of Germany, including West Berlin. Germany has failed to achieve the "alignment of living standards" that it was aiming for. Although the economy of the former GDR grew by 20 percent between 1995 and 2013, the former Federal Republic of Germany's economy expanded by 27 percent. There are concerns that large swathes of East Germany will remain structurally weak regions in the future. Details

  10. Latest Challenges Raised by the Energy Turnaround

    teaserImage The most recent challenges raised by the energy turnaround will be the subject of a speech to be given by Prof. Erik Gawel, Head of the Department of Economics at the Helmholtz-Zentrum für Umweltforschung (UFZ) Leipzig and Director of the Institute for Infrastructure and Resource Management at the University of Leipzig, on 24 September 2014. The event will take place at Ifo’s Dresden Branch as one of the Dresdner Vorträge zur Wirtschaftspolitik and will commence at 6.30 p.m. Details

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