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  • Press Release

    Joint Economic Forecast Autumn 2025: Fiscal stimulus masks structural weakness

    The German economy is emerging from the trough and is likely to regain some momentum over the next two years. Following stagnation in the first half of the year, the Joint Economic Forecast project group predicts gross domestic product growth of 0.2 percent for the current year in its fall report. In the next two years, an expansionary fiscal policy is likely to accelerate economic growth noticeably ...

    25.09.2025
  • Press Release

    Small business productivity increases when owners manage more actively

    Not least due to time and capacity constraints, management tasks such as monitoring competitors are often neglected in small businesses – DIW study shows that this results in untapped productivity potential – Trade associations and chambers of commerce should provide more targeted training and support services Small business owners who devote more time to central management activities measurably increase ...

    25.06.2025
  • Press Release

    Joint Economic Forecast Spring 2025: Geopolitical turn intensifies crisis – structural reforms even more urgent

    The German economy will continue to tread water in 2025. In their spring report, the leading economic research institutes forecast an increase in gross domestic product of just 0.1 per cent for the current year. For 2026, the institutes expect gross domestic product to increase by 1.3 per cent. In the short term, the new US trade policy and economic policy uncertainty are weighing on the German economy. ...

    10.04.2025
  • Statement

    The next federal government needs courage and honesty

    Following yesterday's Bundestag elections, DIW President Marcel Fratzscher commented on the results and the challenges facing the new German government:

    24.02.2025| Marcel Fratzscher
  • Press Release

    Female entrepreneurs have an influence on the gender pay gaphaben Einfluss auf den Gender Pay Gap

    First study of the relationship between the gender of entrepreneurs and the gender pay gap – Finnish data shows: wage gap in companies owned by women more than two percentage points lower than in companies owned by men – In many service industries, the gender pay gap is close to zero when companies are owned by women In companies owned by women, the earnings gap between female and male employees is ...

    02.10.2024
  • Press Release

    Joint Economic Forecast Autumn 2024: German Economy in Transition - Weak Momentum, Low Potential Growth

    The Joint Economic Forecast Project Group forecasts a 0.1% decline in Germany's gross domestic product in 2024. Looking further ahead, the institutes expect a weak recovery with growth of 0.8% (2025) and 1.3% (2026). Compared to the spring forecast, this represents a downward revision of 0.2 (2024) and 0.6 (2025) percentage points. “In addition to the economic downturn, the German economy is also being ...

    26.09.2024
  • Press Release

    Joint Economic Forecast Spring 2024: Headwinds from Germany and abroad: institutes revise forecast significantly downwards

    According to Germany’s five leading economic research institutes, the country’s economy shows cyclical and structural weaknesses. In their spring report, they revised their GDP forecast for the current year significantly downward to 0.1 percent. In the recent fall report, the figure was still 1.3 percent. Expectations for the coming year are almost unchanged at 1.4 percent (previously 1.5 percent). ...

    27.03.2024
  • Press Release

    Sanctions against Russia in 2014 had an effect, but their potential was far from being fully exploited

    Sanctions against Russia following the annexation of Crimea reduced consumption in Russia by 1.4 percent - Simulations show that the potential for sanctions could have been higher - Involvement of emerging economies would have increased sanction pressure - Sanctions caused greater losses for small economies in the proximity of Russia than for large economies - Burden-sharing funds could reduce asymmetries With ...

    21.02.2024
  • Press Release

    Former DIW Berlin President Gert G. Wagner has Passed Away

    Gert G. Wagner passed away suddenly and unexpectedly on January 28, 2024, at the age of 71. He led the Socio-Economic Panel (SOEP) at the German Institute for Economic Research (DIW Berlin) for many years and later served as the Chairman of the Executive Board (President) of DIW Berlin. “DIW Berlin owes a great deal to Gert G. Wagner. For over 30 years, he made irreplaceable contributions to the development ...

    30.01.2024
  • Statement

    ECB failed to clearly communicate the need to cut interest rates this year

    DIW president Marcel Fratzscher on the results of today's meeting of the Governing Council of the ECB:

    25.01.2024| Marcel Fratzscher
  • Statement

    The ECB should cut interest rates from the first quarter of 2024

    The Governing Council of the European Central Bank (ECB) decided today to keep the key interest rate constant. Here is a statement from Marcel Fratzscher, President of the German Institute for Economic Research (DIW Berlin):

    14.12.2023| Marcel Fratzscher
  • DIW focus

    Mixed mid-term review for German traffic light coali-tion in the energy transition; significant effort needed to achieve targets

    December 13, 2023 – The German traffic light coalition began its term two years ago with ambitious energy policy goals. Halfway through the legislative period, its track record is mixed. Good progress has been made in some areas, but in others a large gap between targets and the status quo remains. The Ampel-Monitor Energiewende by the German Institute for Economic Research (DIW Berlin) shows...

    14.12.2023| Adeline Guéret, Alexander Roth, Wolf-Peter Schill, Felix Schmidt
  • Press Release

    Joint Economic Forecast: Purchasing power returns ‒ political uncertainty high

    According to the Joint Economic Forecast, Germany's gross domestic product declines by 0.6% in 2023. This is a strong downward revision of 0.9 percentage points from the forecast made in spring 2023. "The most important reason for this revision is that industry and private con­sumption are recovering more slowly than we expected in spring," says Oliver Holtemöller, Vice President and Head of the Macroeconomics ...

    28.09.2023
  • Press Release

    Ukrainian refugees: Nearly half intend to stay in Germany in the longer term

    Second survey wave of around 7,000 Ukrainians on their life situations and progress in social participation For the second time, Ukrainians who fled because of the Russian war of aggression were interviewed about their life in Germany. Key results are: At the beginning of 2023, almost half of the respondents intend to stay in Germany in the longer term. The number of people in employment has increased ...

    12.07.2023
  • DIW focus

    Accelerate thermal modernization of buildings with minimum standards for buildings and binding retrofitting targets

    The energy and climate crisis enhance the need for energy savings. In the building sector, these savings can be achieved primarily through thermal retrofitting. So far, progress in this area has been slow. To date, less than one percent of the residential building stock in Germany is retrofitted each year. The existing support programs alone offer too little reliability for the necessary...

    13.03.2023| Sophie M. Behr, Merve Küçük, Karsten Neuhoff
  • Statement

    The ECB must be an anchor of stability in the euro area now more than ever

    Marcel Fratzscher, President of the German Institute for Economic Research (DIW Berlin), comments on the results of today’s meeting of the European Central Bank (ECB):

    21.07.2022| Marcel Fratzscher
  • Press Release

    Employing refugees makes companies more productive and attractive

    Survey of 100 medium-sized and large companies in Germany examines the integration of refugees into the labor market – Employing refugees improves employee satisfaction, company attractiveness, and business development – Potential for self-employment remains largely untapped among refugees Employing refugees has made them more attractive as employers. This is reported by 80 percent of the companies ...

    18.05.2022
  • DIW focus

    Energy supply security in Germany can be guaranteed even without natural gas from Russia

    The Russian war on Ukraine and Germany’s dependence on Russian gas require a rethink of German energy supplies. While there is a heated debate about an immediate energy embargo, Russia could also stop its supplies at any time. To date, Germany has purchased around 55 percent of its natural gas from Russia. DIW Berlin has developed scenarios for how the German energy system could become...

    13.04.2022| Franziska Holz, Claudia Kemfert, Robin Sogalla
  • Press Release

    Joint Economic Forecast: From Pandemic to Energy Crisis: Economy and Politics under Permanent Stress

    The German economy is steering through difficult waters and faces the highest inflation rates in decades. In their spring report, the leading German economic research institutes revise their outlook for this year significantly downward. The recovery from the COVID-19 crisis is slowing down as a result of the war in Ukraine, but remains on track. The institutes expect GDP to increase by 2.7 and 3.1 ...

    13.04.2022
  • Press Release

    German leading research institutions bring Europe's largest social science panel study to Berlin

    The Survey of Health, Ageing and Retirement in Europe (SHARE) will enrich the science location Berlin. The founding partners now signed the partnership agreement for the new SHARE Berlin Institute. SHARE will in future be embedded in a collaboration of four leading research institutions: the WZB Berlin Social Science Center, the German Institute for Economic Research (DIW Berlin), the Charité ...

    29.03.2022
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