Ifo Institute Confirms Closure of Dresden Branch by 2027 Due to Saxony Funding Cuts

The decision ends over three decades of regional economic research as efforts to secure sustainable funding fail.

The Ifo Institute will close its Dresden branch by mid-2027 following funding cuts from the Saxon Ministry of Finance.
Saxony cited the need for overall budget savings as the reason for withdrawing financial support for the branch.
The Dresden branch, operational since 1993, has focused on economic and demographic research specific to eastern Germany and Saxony.
The closure affects 13 staff members who have contributed to studies on structural change, economic development, and demographic trends.
Efforts to negotiate a sustainable future for the branch were unsuccessful, marking the end of its contributions to the Ifo Business Climate Index and regional economic monitoring.