Remaining innovative even in difficult times

Corona has further accelerated transformation processes in the economy. Alternative financing helps companies stay ahead of the game.

Even though the economy began to recover from the Corona slump in the second half of 2020: Many researchers are convinced that economic output will still not reach its pre-crisis level in 2021. In their summer forecast, for example, scientists at the Leibniz Institute for Economic Research in Halle (IWH) assume that gross domestic product will fall by 5.1 percent in 2020 and grow again by only 3.2 percent in 2021. In addition, uncertainty remains, as the number of cases of infection and thus the
The possibility of renewed far-reaching restrictions must always be feared. A strong upswing in exports is also not to be expected: Many export markets such as the USA have been much more severely affected by the pandemic and are struggling with the corresponding long-term consequences. Classically export-dependent sectors such as German mechanical engineering and the automotive industry, which were already experiencing difficulties before the Corona crisis, are still under pressure - and with them a large number of supplier companies.