Overview

• 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.