Start

The Kiel Institute for the World Economy (IfW Kiel) and its partners, the state capital Kiel and the Schleswig-Holstein Chamber of Commerce and Industry, awarded the Global Economy Prize for the 19th time today at the Haus der Wirtschaft in Kiel. This year's award went exclusively to women.

According to the Kiel Institute's summer forecast, Germany is experiencing a moderate economic recovery. Economic output is expected to grow by 0.2 percent in the current year (spring forecast: 0.1 percent). The upturn will be driven primarily by a recovery in exports and consumption. However, there are no signs of strong economic momentum. The Kiel Institute expects growth of 1.1 percent in 2025 (spring forecast: 1.2 percent). The inflation rate is expected to level off at around 2 percent and the labor market will remain largely robust.

Prof. Dr. Moritz Schularick comments on the European Commission’s decision to impose countervailing duties on Chinese electric vehicles: