Eastern Europe facing a new crisis

In our Atlas der Weltwirtschaft 2022/2023 we included a special section dealing with the countries in Eastern Europe that are members of the EU and in some cases even members of EMU. Some of these countries have recorded enormous losses in international competitiveness over the past two decades, as can be seen from the real effective exchange rate of their currencies. A scenario of this kind is now looming again.

Eastern Europe facing a new crisis weiterlesen

After the slump in consumption: Will reduced savings pull us out of the swamp?

The Corona crisis is shaking the economy very differently than all previous crises in the economic history of the western industrialized countries in the last 75 years: Its extent is extreme in terms of geographical scope, impact, duration and, above all, the structure-shifting effects. This also applies to Germany, as can be seen from the more detailed data on macroeconomic development in the first quarter of 2021, which the Federal Statistical Office has recently published.

After the slump in consumption: Will reduced savings pull us out of the swamp? weiterlesen