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Press Releases

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IFO on 22.06.2017, 01:00 h
Eastern German Economy Maintains Momentum, but International Uncertainty Dampens Dynamic

The ifo Institute has upwardly revised its economic forecast for Eastern Germany and Saxony. The eastern German economy is now expected to grow strongly by 1.8 percent in both 2017 and 2018 respectively, versus ifo?s previous forecast of just 1.3 percent growth in 2017. In Saxony economic output will increase slightly more dynamically at 1.9 percent in 2017 and 2.0 percent in 2018, compared to previous ifo forecasts of 1.4 percent for 2017. The economic forecast for Eastern Germany and Saxony was presented on Thursday at the Dresden Branch of the ifo Institute. ?Corporate investment is now picking up and Saxony is benefiting from this development [...] ( more )

IFO on 20.06.2017, 10:00 h
Increase in ifo Institute’s Economic Forecast

The ifo Institute has increased its economic forecast for 2017 and 2018 significantly, and it is expecting new record highs in employment. For the current year, it now expects 1.8 percent GDP growth instead of the previously forecast 1.5 percent. In the coming year, it should amount to 2.0 percent, topping the 1.7 percent of the last forecast. ( more )

WZB on 20.06.2017, 02:41 h
Knowing more about economic gains makes people less cooperative

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ZEW on 14.06.2017, 12:00 h
Press Release: The Fed is Showing the ECB the Right Path to Take

The Federal Reserve has raised the Federal Funds Rate for the second time this year, increasing the interest rate level to a range between 1.0 and 1.25 per cent. The Fed is also planning to initiate a gradual reduction of its $4.5 trillion balance sheet before the end of the year. Professor Friedrich Heinemann, head of the Research Department ?Corporate Taxation and Public Finance? at the Centre for European Economic Research in Mannheim, offers his view on the Fed?s actions: ( more )

ZEW on 14.06.2017, 12:00 h
Press Release: 100 High School Students from Four States to Attend YES! Qualification at ZEW

The qualification round for the Germany-wide high school competition Young Economic Summit will be held on 23 June 2017 at the Centre for European Economic Research in Mannheim. A total of 100 high school students from Baden-Württemberg, Hesse, Rhineland-Palatinate and Saarland will take part in the event. They will present their solutions for global economic issues and discuss them with expert economists. The winning teams will go forward to the YES! final in Kiel on 28 and 29 September 2017. The winners will be decided by the participants themselves. The qualification round will be opened by ZEW President Professor Achim Wambach. ( more )

IFO on 14.06.2017, 10:00 h
EconPol Europe – the European Research Network – established by the ifo Institute and Eight Renowned Partners

EconPol Europe ? the European Network for Economic and Fiscal Policy Research built up by the ifo Institute ? is the new expert voice in the discussion regarding the future shape of economic and fiscal policy in the European Union. On June 22, ifo President Clemens Fuest and the representatives of eight other renowned research institutes will meet in Brussels to sign the document establishing this major European research network. EconPol Europe will pool the expertise of several hundred researchers from the ifo Institute, the Centre for European Policy Studies (CEPS, Brussels), the Centre d?Études Prospectives et d?Informations [...] ( more )

ZEW on 13.06.2017, 12:00 h
Press Release: Expectations Slightly Lower

The ZEW Indicator of Economic Sentiment for Germany dropped by 2.0 points in June 2017 and now stands at 18.6 points. The indicator thus still remains below the long-term average of 23.9 points. By contrast, the assessment of the current economic situation in Germany improved once again in June. The indicator climbed by 4.1 points to 88.0 points. This is the highest level since July 2011. Despite a slight drop in expectations, the prospects for the economic growth in Germany in the coming six months remain rather positive. ?The prospects for the German economy remain favourable. This is not least due to the positive GDP growth in the European [...] ( more )

ZEW on 12.06.2017, 12:00 h
Press Release: Digital Connectedness in Firms – Private Customers Often Come Last

As part of digital transformation, firms are integrating their value chains using technology. However, only one third of firms in the German business economy are digitally connected with their private customers. It is far more common for firms to connect with their corporate clients and suppliers. These are the findings of the ?Monitoring Report DIGITAL Economy 2017 ? Compact?, compiled by the Mannheim Centre for European Economic Research in collaboration with Kantar TNS, on behalf of the Federal Ministry for Economic Affairs and Energy. ( more )