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.
Climate Crisis
Marlowe Hood: Watching the world burn
There is surely a lot to take in by most of us. Read Here Photo: NaveenNkadalaveni licensed under the Creative Commons Attribution-Share Alike 4.0 International
Corruption
Romania-Insider.com: Former Romanian interior minister sentenced to 5 years in prison
Romania has been a member of the EU for 10 years. Corruption remains endemic, but that does not appear to bother the EU in the least. Read here
EU politics
German Foreign Policy: The West against the Rest
In her State of the Union Address, EU-Commission President Ursula von der Leyen orients the West toward the formation of blocks. Non-Western alliances (BRICS, SCO) are gaining support. Read Here
Be the first to comment