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  • 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 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
  • 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
  • Press Release

    Joint Economic Forecast: Crisis is gradually being overcome – align actions to lower growth

    The Corona pandemic still shapes the economic situation in Germany. A complete normalisation of contact-intensive activities is not to be ex­pected in the short term. In addition, supply bottlenecks are ham­pering manufacturing for the time being. The German economy will reach nor­mal capacity utilisation in the course of 2022. In their autumn report, the leading economic research institutes ...

    14.10.2021
  • Press Release

    German economy will first pick up speed in 2022

    DIW Berlin forecasting experts are lowering their forecast for 2021 from 3.2 to 2.1 percent - Supply bottlenecks and material shortages are weighing on German industry - Private consumption remains restrained - With growth of just under five percent, the German economy will pick up speed in 2022 once bottlenecks have been overcome and infection rates have fallen on a sustained basis - Inflation no ...

    16.09.2021
  • Press Release

    Pandemic delays upswing – Demography slows growth

    In their spring report, the leading economic research institutes forecast an increase in gross domestic product of 3.7 percent in the current year and 3.9 percent in 2022. The renewed shutdown is delaying the economic recovery, but as soon as the risks of infection, particularly from vaccination, have been averted, a strong recovery will begin. The economy is likely to return to normal output levels ...

    15.04.2021
  • Statement

    Green light for Fitbit takeover by Google is regrettable

    The EU Commission has approved Google's acquisition of the fitness tracker manufacturer Fitbit. Here is a statement from competition economist Tomaso Duso, Head of the Firms and Markets Department at the German Institute for Economic Research (DIW Berlin):

    17.12.2020| Tomaso Duso
  • Statement

    ECB sends signal that interest rates are likely to stay at currently low levels for the next years

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

    10.12.2020| Marcel Fratzscher
  • Blog Marcel Fratzscher

    The EU Must Break the Brexit Deadlock

    With the Brexit negotiations now in their final days, it is crucial that the European Union break the impasse and secure a deal. If Europe cannot even forge an agreement to establish its long-term relationship with the United Kingdom, it will have little chance of becoming a global power in its own right. This week, we will finally know whether a Brexit deal can be agreed. Whatever is decided, it ...

    08.12.2020| Marcel Fratzscher
  • 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
355 results, from 1
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