Press reports

336 results, from 1
Press Release

Joint Economic Forecast: Recovery Loses Momentum - Economy and Politics Still Shaped by the Pandemic

The corona pandemic leaves substantial marks in the German economy and its impact is more persistent than assumed in spring. In their autumn report, the leading German economic research institutes have revised their economic outlook downwards by roughly one percentage point for both this and next year. They now expect gross domestic product to fall by 5.4 percent in 2020 (previously -4.2%) and to grow ...

14.10.2020
DIW focus

US and EU secure vaccine production on home soil

The deployment of a safe and effective vaccine for Covid-19 will be central to lifting containment measures. In a bid to speed up vaccine deployment, governments are entering into ‘Advance Purchase Agreements’ (APAs) with vaccine companies to secure access to vaccine doses. We document and compare the vaccine procurement strategies of the US and the EU. Most notably, we find that both...

11.09.2020| Jan Malek, Melissa Newham, Jo Seldeslachts
DIW focus

No need for new natural gas pipelines and LNG terminals in Europe

Natural gas could play an increasing role in the German energy system following the coal exit decided in July 2020 by the German parliament. However, natural gas has no climate benefit compared to coal. What is more, Europe risks to become a battleground for the conflict between Russia and the United States. The construction of the Baltic Sea pipeline Nordstream 2 has set in motion a downward...

29.07.2020| Franziska Holz, Claudia Kemfert
DIW focus

A Green New Deal after Corona: What We Can Learn from the Financial Crisis

Already after the financial crisis in 2008/2009 there was a debate on whether elements aiming at sustainable development can be part of the stimulus packages and support the recovery of the economy. Despite the instinct of policy makers to prioritise battle-tested policies during a crisis, significant levels and different types of climate-friendly components were integrated in the 2009 stimulus...

11.05.2020| Olga Chiappinelli, Marius Clemens, Mats Kröger, Nils May, Karsten Neuhoff, Jörn Richstein, Xi Sun
DIW focus

ECB and Fed monetary policy measures against the economic effects of the coronavirus pandemic have little effect

To cushion the economic effects of the coronavirus pandemic, central banks have taken far-reaching monetary policy measures. The US Federal Reserve has lowered its interest rates and, like the European Central Bank, has expanded its bond purchase programs. However, it is questionable whether these measures are having the desired effect of calming the markets and supporting the real economy. It is...

27.04.2020| Kerstin Bernoth, Geraldine Dany-Knedlik, Anna Gibert
Press Release

Joint Economic Forecast: Economy in Shock – Fiscal Policy to Counteract

The coronavirus pandemic is triggering a severe recession in Germany. Economic output will shrink by 4.2 percent this year. This is what the leading economics research institutes expect in their spring report. For next year, they are forecasting a recovery and growth of 5.8 percent. Gross domestic product is likely to have shrunk by 1.9 percent in the first quarter of 2020 alone. In the second quarter, ...

08.04.2020
DIW focus

Housing Policies Worldwide during Coronavirus Crisis: Challenges and Solutions

The coronavirus pandemic, which began in December 2019 and is currently spreading rapidly around the world, is having a noticeable impact on the economy and thus also on the real estate market. Since the measures to curb the spread are causing economic activities to decline massively, small and medium-sized companies in the service, hospitality, and transport sectors in particular, but the self...

06.04.2020| Konstantin A. Kholodilin
Statement

The ECB is sending a strong signal that now also governments need to act more decisively

DIW president Marcel Fratzscher comments today's announcements by the ECB as follows:

12.03.2020| Marcel Fratzscher
Statement

Mario Draghi will be remembered as a great European

DIW president Marcel Fratzscher comments today's announcements by the ECB as follows: 

24.10.2019| Marcel Fratzscher
Press Release

Joint economic forecast autumn 2019: Economy Cools Further – Industry in Recession

Press release of the project group "Gemeinschaftsdiagnose": German Institute for Economic Research (DIW Berlin), Halle Institute for Economic Research (IWH) – Member of the Leibniz Association, ifo Institute – Leibniz Institute for Economic Research at the University of Munich in cooperation with the KOF Swiss Economic Institute at ETH Zurich, Kiel Institute for the World Economy (IfW), ...

02.10.2019
Statement

The ECB has sent a strong signal that it takes its mandate seriously

DIW president Marcel Fratzscher comments today's announcements by the ECB as follows: 

12.09.2019| Marcel Fratzscher
Press Release

Germany economy defying an uncertain environment

DIW Berlin expects GDP growth of 0.9 percent for 2019 and 1.7 percent for 2020 – Overall picture remains unchanged: domestic economy is supporting growth, foreign business is subdued - Unemployment continuing to decline - Trade war poses serious risks for the German economy - Municipal finances in need of restructuring

13.06.2019
Press Release

Joint economic forecast spring 2019: Significant Cooling of the Economy - Political Risks High

Press release of the project group "Gemeinschaftsdiagnose": German Institute for Economic Research (DIW Berlin), Halle Institute for Economic Research (IWH) – Member of the Leibniz Association, ifo Institute – Leibniz Institute for Economic Research at the University of Munich in cooperation with the KOF Swiss Economic Institute at ETH Zurich, Kiel Institute for the World Economy (IfW), ...

04.04.2019
Press Release

German economy growing despite uncertainties and risks; global economy continuing to cool down

According to DIW Berlin estimates, the German economy will continue its solid growth performance in 2019 and 2020. Overall, however, the economy is cooling noticeably and production capacity utilization is returning to normal. This is primarily due to the global economy weakening; it has been strained by China’s weakening economy, trade conflicts, and political uncertainties such as Brexit. The ...

14.03.2019
Statement

ECB monetary policy will for some time remain more expansionary than most in Germany expect

DIW president Marcel Fratzscher on the European Central Bank's latest announcements:

07.03.2019| Marcel Fratzscher
Statement

Germany and France should defend European competition policy, not attack it!

The German and French economics ministers have introduced a Franco-German manifesto for a 21st century European industrial policy. Tomaso Duso, competition economist and head of the Firms and Markets Department at the German Institute for Economic Research (DIW Berlin), comments as follows:

20.02.2019| Tomaso Duso
Statement

Monetary policy in the euro area will remain expansionary for a long time to come

Marcel Fratzscher, president of the German Institute for Economic Research (DIW Berlin), comments on the latest ECB council meeting as follows:

13.12.2018| Marcel Fratzscher
Press Release

Germany’s economic boom is cooling off

According to DIW Berlin estimations, the German economy will continue to grow noticeably over the next two years. However, the economic boom is over as economic momentum is likely to cool off. DIW Berlin thus confirms its estimations from the late summer that the growth rate of the German economy is gradually returning to normal, overlaid by non-recurring effects. However, DIW Berlin is lowering its ...

12.12.2018
Statement

Euro area reform deal is a disappointing compromise

EU finance ministers have struck a euro area reform deal. Marcel Fratzscher, President of the German Institute for Economic Research (DIW Berlin), comments:

04.12.2018| Marcel Fratzscher
Press Release

Immigration from other EU countries has increased Germany’s economic growth since 2011

Since 2011, over five million immigrants from other EU countries have immigrated to Germany – A DIW Berlin simulation shows that this immigration has increased GDP growth by an average of 0.2 percentage points every year – More needs to be done to improve employment opportunities for the highly qualified, for example by simplifying the procedures for recognizing foreign qualifications Immigration ...

31.10.2018
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