Companies in Germany have significantly reduced their investment plans, according to the ifo Institute’s Business Survey. The ifo investment expectations for the current year fell to 2.2 points in November, down from 14.7 points in March. “The investment climate has deteriorated noticeably. This is the result of higher financing costs, weak demand, and uncertainty regarding economic policy,” says Lara Zarges, economic expert at the ifo Institute. Companies are also cautious about the coming year; with a balance of 1.2 points, the ifo investment expectations are actually slightly lower than this year.
Economics
Aditya Chakrabortty: Britain is being stalked by a zombie elite – time to take them on
Democracy is the government of the people by the people for the people. As gpvernments fail miserably, it is time to take back power. Aditya Chakrabortty is beginning a series of how this is being […]
Finance
Umberto Bacchi: The delivery apps making gig work a ‘digital wild west’
Third-party apps that let delivery riders pay to ‘jump the queue’ for orders anger gig workers in Italy Read Here CC BY-SA 3.0
Austerity
Bill Mitchell: The assault on democracy in Italy
With Bill Mitchell’s blog we continue our series of analyses concerning the recent events in Italy. Read here
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