Economy in the crisis: Ifo lowers growth for Germany!

On January 9, 2025, Prof. Clemens Fuest, President of the IFO Institute for Economic Research, commented in an interview on the challenges of the 2024 financial year and the design of 2025. In the conversation with Gabor Steingart, political issues were also addressed, including the role of influencers in politics and the mention of personalities such as Elon Musk and AfD. In addition, stock market reporter Anne Schwedt reported on the past central bank meeting. Easyjet reports on another interesting point, introducing innovations to save on paint. The 75th birthday of Rio Reiser, who is considered the "King of Germany", was also mentioned. The editorial cooperation was in the hands of Stefan Lischka, Eleanor Cwik and Benjamin Usselmann, while Thomas Güthaus was responsible for production, such as The pioneer reported.

In another report by the Munich IFO Institute, the forecast for German Economic growth 2024 was reduced: The forecast was reduced from 1.4 percent to 0.9 percent. For 2025, however, slight acceleration is expected to 1.3 percent after the forecast was previously 1.2 percent. IFO economy head Timo Wollmerhäuser said that the development in the last quarter of 2023 should be weaker than expected. This uncertain economic situation has the consequence that the pensity of consumers increases and the willingness to invest of companies and private households drops, such as reported.