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  1. Fuest Welcomes ECB Decision

    Dec 8, 2016: Ifo President Clemens Fuest has welcomed the European Central Bank's decision to scale back its purchases of government bonds as of March. “This is a step in the right direction. It would have been even better if the ECB had decided to make bigger cuts to the volume of its purchases, reducing them month by month,” he added. Details

  2. Bundesbank TARGET2 Credit Hits All-Time High

    Dec 8, 2016: The Bundesbank’s balances within the Eurosystem (TARGET2 balances) hit an all-time high of 754 billion euros in November. Last month alone they rose by 46 billion euros. "The sharp increase was primarily due to growing capital flight from Italy and repurchasing operations by the European Central Bank (ECB),” said Ifo President Clemens Fuest in Frankfurt. "The German federal government should intervene and prompt the ECB to take measures to stem this irregular and excessive use of TARGET2 balances aimed at regrouping assets within the Eurozone," added Fuest. Details

  3. German Companies Less Satisfied with Graduate Recruits

    Dec 7, 2016: German companies are less satisfied with their newly-recruited graduates than a decade ago. According to the Randstad Ifo Personnel Managers Survey, 32 percent of survey participants were less satisfied with graduate education, while only 2 percent were more satisfied and 43 percent reported no change in their satisfaction level. Details

  4. Fuest: ECB Should Phase Out Bond Purchases

    Dec 6, 2016: Ifo President Clemens Fuest has called on the European Central Bank (ECB) to scale back its bond purchases as of April 2017. "The ECB’s argument that the inflation rate in the euro area is too low will no longer be applicable in 2017” explained Fuest. Details

  5. Ifo Institute Favours Expansion of Customs Union with Turkey

    Dec 2, 2016: The Ifo Institute has expressed its support for a customs union between the EU and Turkey. “A deepening of the customs union would help to stabilise the current situation in the Turkish economy and could also constitute a political bridge,” said Erdal Yalcin, Deputy Director of the Ifo Center for International Economics, which has produced a study on the topic for the Bertelsmann Foundation. According to the study, expanding the customs union would lead to an increase in Turkish economic output of 1.84 percent. Agricultural exports from Turkey to the EU could increase by 95 percent, while exports of services may soar by as much as 430 percent. Details

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Harald Schultz

Ifo Institute
Press, Publications, Conferences
Phone: +49(0)89/9224-1218
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