ifo Institute

German companies have somewhat more difficulty obtaining new loans. In June, 27.1% of companies in ongoing credit negotiations reported restraint on the part of banks; in March, the figure was 25.2. Caution rose particularly sharply in the construction industry and manufacturing.

Bremen and Saarland can expect significantly more money from fiscal equalization between the German federal states in the future, according to a calculation by the ifo Institute based on the recently published 2022 census. For Bremen, the additional revenue amounts to EUR 242 per inhabitant; for Saarland the figure is EUR 192 per inhabitant.

Reintroducing military conscription in Germany could cause macroeconomic costs in the billions, as a study by the ifo Institute on behalf of the German Federal Ministry of Finance concludes. The study examines the costs of military conscription in three scenarios.

The lack of orders in Germany among companies in the commercial building construction sector has increased slightly. The share of companies reporting too few orders rose from 45.2% in May to 46.3% in June. The willingness of companies to invest is expected to remain at a low level in 2024.

The Western sanctions have so far had little impact on Russia’s ability to wage war. This is the conclusion of a research project conducted by four institutes in Kiel, Munich and Vienna for the Federal Ministry for Economic Affairs and Climate Action in Berlin. A new dashboard monitors the impact of the sanctions statistically.