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2 results for keyword "IFO"

Article on tag "IFO"

New German  “Traffic Light” Coalition Launches Climate and Economic Programme During Difficult Phase
New German “Traffic Light” Coalition Launches Climate and Economic Programme During Difficult Phase
(c) Kay Nietfeld / dpa / picturedesk

New German “Traffic Light” Coalition Launches Climate and Economic Programme During Difficult Phase

Germany’s first federal government coalition of the Social Democratic Party (SPD), the Free Democratic Party (FDP) and the Green Party – called the “traffic light” coalition for the parties’ traditional colours – has now been in office for just under two weeks and is starting its planned renewal programme at the most difficult time imaginable. The train towards climate protection and renewable energies is picking up speed.

Germany: is the economy about to face a hot summer?
Germany: is the economy about to face a hot summer?
(c) iStock

Germany: is the economy about to face a hot summer?

The IFO business climate index calculated by the Munich-based IFO Institute is regarded as the most important German economic indicator. At 115.1, the value released for June last week was the highest since the launch in January 1991. It was also clearly above the value that had been expected by the financial analysts on average. The signs for substantial economic growth in Germany seem favourable.