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Press Releases

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ZEW on 15.08.2017, 12:00 h
Press Release: Highly Digitalised Companies Are More Resilient in Times of Crisis

Companies with a high degree of digitalisation were less affected by the economic crisis of 2008 and 2009 than companies with a low digitalisation level. This holds particularly for companies in the service sector. These are the findings of a recent study carried out by the Mannheim Centre for European Economic Research . ( more )

IFO on 10.08.2017, 08:00 h
ifo World Economic Climate Remains Good

The ifo World Economic Climate remains good this quarter. Experts assessed the current economic situation far more positively than in April, but were slightly less optimistic about the months ahead. The world economy is expected to continue to recover at a slightly slower pace in the second half of 2017. ( more )

IFO on 09.08.2017, 08:05 h
How Firms Deal with Negative Interest Rates

Almost one in five companies in Germany has seen their banks trying to charge negative interest on deposits. Medium-sized and large companies were significantly more affected than small companies. There are also significant regional differences: companies in Saxony, Bavaria and Thuringia are most affected. This was determined in a survey by the ifo Institute of 4000 companies from manufacturing, construction, distribution and the services. The majority of companies, however, seek to circumvent negative interest rates, most frequently by negotiations with their bank or by changing to a bank that does not yet charge negative interest on deposits. Other [...] ( more )

IFO on 08.08.2017, 08:00 h
ifo Institute Expects Quarterly Growth of around 0.8 Percent for German Economy

The ifo Institute expects Germany to see economic growth around 0.8 percent in the second quarter of 2017. ?This is partly due to the ifo Business Climate Index?s steady climb in recent months, combined with very strong developments in other key economic indicators like new orders and retailing turnover,? notes Timo Wollmershaeuser, Head of Economic Forecasting at the ifo Institute. ( more )

ZEW on 07.08.2017, 12:00 h
Press Release: Energy Prices Expected to Stagnate in the Short Term

The price of the different energy sources is set to stagnate over coming six months. This is the result of the latest ZEW Energy Market Barometer, a survey carried out by the Mannheim Centre for European Economic Research among energy market experts. The majority of the surveyed experts expect wholesale prices for electricity , crude oil , natural gas and coal to remain stable. The experts? expectations are, however, quite different when it comes to the price development in the medium term. Around 75 per cent of the respondents anticipate increases in wholesale electricity prices in the upcoming five years. The survey shows similar [...] ( more )