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133 results, from 101
Press Release

Inflation Expectations in the Euro Area No Longer Firmly Anchored - Monetary Policy Responses of the ECB

Although the European Central Bank (ECB) has been pursuing an expansionary monetary policy course for many years, inflation in the euro area remains extremely weak. Furthermore, as the present Wochenbericht clearly demonstrates, the inflation expectations in the euro area are no longer firmly anchored. Expectations are becoming increasingly decoupled from the ECB's inflation target which, in turn, ...

10.09.2014
Press Release

GDP-Linked Loans for Greece

Greece finds itself at the crossroads. There is the imminent question if Greece should apply for a third public support programme. Government officials are confronting European partners with new calls for a de facto haircut on its outstanding debt. Another option would be to swap existing loans from the European support programs into GDP-linked loans. As a result, interest payments would be linked ...

30.07.2014
Press Release

Federal Fiscal Equalization System Before Reform: An Inventory

One of the key tasks of this legislative period is to restructure the federal fiscal equalization system by 2020. There is a lot of money involved: in 2013, nearly 14 percent of ultimate tax revenue from the Länder was redistributed. The existing system has developed over time, is highly complex and convoluted. Thus, there is a high demand for modifications and fundamental adjustments would be ...

09.07.2014
Press Release

Growing Out of the Crisis: DIW Berlin Proposes European Investment Fund

An investment fund should temporarily improve the capital stock of small and medium-sized enterprises as part of a comprehensive agenda - In the euro area, there is an annual investment gap of approximately two percent of GDP or 180 billion euros - Many sectors both in the manufacturing and service industries are showing signs of a significant lack of investment, especially the energy sectorThe German ...

03.07.2014
Economic Bulletin

"We Need to Give Impetus to the Private Sector": Six Questions to Marcel Fratzscher

"We Need to Give Impetus to the Private Sector": Six Questions to Marcel Fratzscher

03.07.2014
Economic Bulletin

Europe’s Investment Slump: Five Questions to Claus Michelsen

Europe’s Investment Slump: Five Questions to Claus Michelsen

03.07.2014
Press Release

The Upturn Continues

The German economy is expected to grow by 1.8 percent in 2014, keeping that pace in 2015, at a rate of two percent. GDP is expected to grow during the forecast period at rates only slightly above the trend; the slight under-utilization will therefore decrease correspondingly slowly. Inflation remains weak. Global economic growth was weaker at the start of the year. In both the industrialized and emerging ...

17.06.2014
Press Release

Making the Euro Area Fit for the Future

The crisis in the European currency area is not over yet. Although the situation in the financial markets is currently relatively calm, the economic crisis appears to be bottoming out in most countries. Nevertheless, fundamental design flaws in the Monetary Union continue to exist. If these are not fully addressed, it will only be a matter of time before a new crisis hits, and a partial or complete ...

12.06.2014
Report

Spring 2014 Joint Economic Forecast: German Economy on the Upturn - Headwinds from Economic Policy

In spring 2014, the German economy is experiencing an upturn. Gross domestic product (GDP) is forecast to increase by 1.9 percent this year, the 68-percent forecast interval ranges from 1.2 percent to 2.6 percent. The driving force is domestic demand. The rise in consumer prices this year is moderate, at 1.3 percent. Employment growth is expected to remain strong in 2014. In 2015, GDP is expected to ...

16.04.2014
Press Release

100 Years of Housing Policy: From Rent Freeze to Rental Brake

Housing rents in Germany have been rising for several years. Especially in major cities such as Berlin, Hamburg, and Munich, the increases have recently been higher than the German average growth rate of rents that makes up roughly two percent. The German government would like to respond to this development by introducing caps on rents for new rentals. But are rent really necessary? The growth rates ...

09.04.2014
Press Release

A Modest Expansion Course

In 2014, the German economy is expected to grow by 1.8 %. Next year, GDP will increase by 2.1 %. The output gap will decline significantly this year, but will only be fully closed in the coming year. Inflation will remain low in this environment. The upward momentum of the global economy weakened slightly in the final quarter of 2013. However, developed countries were almost able to maintain their ...

12.03.2014
Press Release

Recovery is Gaining Some Momentum

In 2013 the German economy will grow at 0.4 percent which is below the growth rate of potential output. The output gap is 0.5 percent. In 2014 gross domestic product will expand at 1,6 percent and the output gap will nearly be closed. In 2015 the economy will grow above trend at a rate of 2 percent. The pace of expansion of the world economy has accelerated in the third quarter. Advanced economies ...

18.12.2013
Press Release

Construction Industry: No New Momentum from Additional Infrastructure Investments for Now

Following a decline last year and stagnation in 2013, the construction industry's economic prospects for 2014 are looking noticeably brighter. DIW Berlin expects more than six percent nominal growth for construction in Germany, or four percent in real terms, primarily as a result of persistently brisk residential construction activity and recovery in public-sector building. The core construction industry ...

20.11.2013
Press Release

Autumn 2013 Joint Economic Forecast: Economy Picking Up - Put Budget Surpluses To Good Use

Project Group Joint Economic Forecast Completed in Essen on 15 October 2013 Economy Picking Up – Put Budget Surpluses To Good Use The German economy is on the verge of an upturn driven by domestic demand. The improving global economic climate and decreasing uncertainty are fuelling investment. Private consumption is benefitting from favourable employment and income prospects. Real gross domestic ...

17.10.2013
Economic Bulletin

Germany Must Invest More in Its Future

by: S. Bach, G. Baldi, K. Bernoth, J. Blazejczak, B. Bremer, J. Diekmann, D. Edler, B. Farkas, F. Fichtner, M. Fratzscher, M. Gornig, C. Kemfert, U. Kunert, H. Link, K. Neuhoff, W.-P. Schill, C. K. Spieß in: DIW Economic Bulletin 08/2013. Shortly before the parliamentary election in 2013, Germany is riding on a wave of euphoria: hardly any other euro country has weathered the financial and debt ...

09.08.2013
Economic Bulletin

More Growth through Higher Investment

by: Stefan Bach, Guido Baldi, Kerstin Bernoth, Björn Bremer, Beatrice Farkas, Ferdinand Fichtner, Marcel Fratzscher, Martin Gornig in: DIW Economic Bulletin 08/2013. While many countries in the euro area are deep in recession due to a debt and structural crisis, the German economy appears to have excelled compared to many other euro area countries. Unemployment has fallen to the lowest level since ...

09.08.2013
Economic Bulletin

"Lack of Training for Young People Continues to be a Cause for Concern". Seven Questions to Karl Brenke

in: DIW Economic Bulletin 07/2013"Lack of Training for Young People Continues to be a Cause for Concern". Seven Questions to Karl Brenke

15.07.2013
Press Release

Medium-Term Economic Development: Stable Growth and Big Surpluses in Public Budgets

The German economy will experience significantly stronger growth up to 2017 than it has in the past five years. Economic growth will increasingly be driven by domestic demand, and job creation will continue. In the medium term, there will be increasing surpluses in public budgets; in 2017, these will reach almost 28 billion euros. At the beginning of the projection period - as in recent years ...

16.04.2013
Press Release

Germany slips to third largest exporting nation - nevertheless, exports have never been as important to the country as they are today

Since last year, Germany has not even been runner-up in visible exports. It has been overtaken by China, and now the US, on the list of the most prolific global exporting nations. But does this mean losing more than just an attention-grabbing title? Are exports becoming less important to Germany? A closer look at structures and trade patterns shows that in fact the opposite is true. Exports have never ...

06.03.2013
Press Release

DIW Winter Projection 2013

The German economy has recently lost momentum but is anticipated to accelerate markedly in the course of 2013. On annual average, real GDP will increase by 0.9 percent; the corresponding figure for 2012 is expected to be 0.8 percent. During the course of 2013, however, expansion will accelerate noticeably. The German economy will grow slightly over two percent in 2014. The temporary economic weakness ...

09.01.2013
133 results, from 101
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