Tag: Growth forecast
Corona: The economy in Germany is shrinking
Berlin The Chancellor is optimistic about the corona pandemic. “Yes, it will get better,” said Olaf Scholz (SPD) in his first government statement in the Bundestag. But it will not…
Corona: The economy in Germany is shrinking
Berlin The Chancellor is optimistic about the corona pandemic. “Yes, it will get better,” said Olaf Scholz (SPD) in his first government statement in the Bundestag. But it will not…
IfW lowers forecast for 2022 due to Corona
Port of Hamburg Delivery bottlenecks, but also the corona crisis, are putting the German economy under pressure. (Photo: dpa) Kiel After the Munich Ifo and the IWH Halle, the Kiel…
Ifo Institute expects growth of only 3.7 percent for 2022
Berlin The economic problems in Germany will last longer than previously feared due to the corona pandemic and ongoing delivery bottlenecks. The Ifo Institute has therefore significantly weakened its forecast…
Ifo Institute expects growth of only 3.7 percent for 2022
The economy will be “noticeably slowed down”, said Ifo economic chief Timo Wollmershäuser. Right now, Germany’s economy will even shrink. According to the institute, GDP in the current fourth quarter…
Ifo Institute expects growth of only 3.7 percent for 2022
Containers in the port of Hamburg The prospects of the Ifo economists have clearly deteriorated. (Photo: dpa) Munich, Berlin The Ifo Institute is more skeptical of the German economy because…
OECD believes Germany will recover strongly in 2022
Port of Hamburg The OECD expects economic growth of 3.9 percent for Germany in 2022. (Photo: dpa) Berlin Despite delivery bottlenecks and the fourth corona wave, the industrial nations organization…
German economy grows by 1.7 percent in the third quarter
Container ship in Hamburg The order books of many industrial companies are full – but due to bottlenecks, many companies cannot process orders promptly. (Photo: dpa) Berlin The German economy…
Bottlenecks will dampen industry until the coming year
Automotive industry The shortage of semiconductors is particularly affecting the automotive industry. (Photo: dpa) Berlin The federal government does not expect the supply bottlenecks for preliminary products and raw materials…
Economically lower growth forecast to 2.7 percent
Economy The automotive industry is particularly suffering from delivery bottlenecks. (Photo: dpa) Berlin In 2021, the German economy is expected to grow by only 2.7 percent. According to Handelsblatt information,…
Why Germany is currently being left behind from the rest of Europe
VW plant in Hanover Supply bottlenecks are currently causing problems for the auto industry in particular. (Photo: dpa) Berlin A simple picture helps to understand the current state of the…
Economy: German economy grows by 1.8 percent in the summer
Private consumption in particular contributed to the growth in the third quarter. Delivery bottlenecks, but also the corona pandemic, continue to put the economy under pressure. .source site
Altmaier lowers economic forecast
Peter Altmaier The outgoing Federal Minister of Economics is lowering what will probably be his last growth forecast. (Photo: dpa) Berlin The outgoing Federal Minister of Economics, Peter Altmaier, has…
The upswing is losing strength due to the corona and bottlenecks
Gastronomy in Berlin According to the researchers, contact-intensive services cannot be expanded due to Corona. (Photo: dpa) Berlin According to the German Institute for Economic Research (DIW), the upswing is…
Economy: Federal government wants to lower forecast
Port of Hamburg Delivery bottlenecks, but also the pandemic, are having a negative impact on the German economy. (Photo: dpa) Berlin The federal government apparently wants to lower the economic…
For the fourth time in a row: Ifo business climate index falls in October
VW plant in Hanover Most recently, delivery bottlenecks have put pressure on the auto industry in particular. (Photo: dpa) Berlin The mood in the boardrooms of German companies deteriorated for…
Study expects economic growth to halve by 2060
Dusseldorf The industrialized countries association OECD anticipates that the annual economic growth of the OECD and G20 countries could be halved by 2060. On average, the gross domestic product of…
More growth and jobs in the coming year
Cranes in the port of Hamburg The Leibniz Institute for Economic Research Halle, the German Institute for Economic Research, the Ifo Institute, the Kiel Institute for the World Economy and…
The upswing is faltering, the IMF revises its growth forecast
Berlin, Washington It sounds like a crisis, what the International Monetary Fund (IMF) writes in its World Economic Outlook (WEO) published on Tuesday. There is talk of an “increased risk…
The upswing is faltering, the IMF revises its growth forecast
Berlin, Washington It sounds like a crisis, what the International Monetary Fund (IMF) writes in its World Economic Outlook (WEO) published on Tuesday. There is talk of an “increased risk…