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Dr Fritzi Köhler-Geib – What's On

Comments, Events, Person

Dr Friederike (Fritzi) Köhler-Geib has been KfW Chief Economist and head of the company's economics department since November 2019. She analyses trends relevant for KfW in the economy, society and on the financial markets and brings a new dynamic to the economic and financial policy debate. The focus of her work lies in the analyses of economic developments and growth trends in Germany. A particular focus is placed on small and medium-sized enterprises and the role of innovation and digitalisation in improving competitiveness, as well as issues related to the goal of a climate-neutral economy. Furthermore, Dr Fritzi Köhler-Geib also actively addresses economic policy connections between Germany, Europe and the world.

KfW Research Position Paper

Emerging stronger from the coronavirus crisis – five areas of action for a sustainable transformation

Despite the fact that incidence rates are rising again, the vaccination programme and the risk-based relaxation of the containment measures offer hope that Germany will get on top of the coronavirus pandemic in the foreseeable future. Accordingly, questions about what happens next are coming more to the fore. At the same time, we are able to better assess the size of the challenge involved in transforming to a resilient, digital and climate-neutral economy. The need to change course is becoming ever more urgent if we are to make Germany future-proof. We see the greatest need in five key areas of action: Crisis resilience, climate neutrality, digitalisation, globalisation and Europe. A targeted approach is necessary in order to harness the crisis-management momentum for the change of course towards sustainable recovery. The aim of this paper is to highlight specific intervention points for solutions within the areas of action already identified.

Emerging stronger from the coronavirus crisis – five areas of action for a sustainable transformation  (PDF, 217 KB, non-accessible)

Further position papers and publications on the coronavirus and the crisis

Media and Comments on Current Topics

18.10.2021 │ KfW Credit Market Outlook September 2021

“Subject to all the imponderables which the pandemic has brought with it, I expect business lending to now emerge from the trough. The drivers for this will be both the disappearance of the negative base effect in the second half of the year and the rebound of business expenditure – even if it is still slightly below the pre-crisis level – around 1.5%. Sooner or later, the financing requirements resulting from business investment will translate into stronger new lending activity. The banks themselves expect a rebound in credit demand in the third quarter compared with the preceding three-month period. But it will take a bit more time for the annual growth rate of new lending to turn positive again. I believe this should be the case in early 2022.”
KfW Credit Market Outlook September 2021  (PDF, 119 KB, non-accessible)

Previous comments from Dr Fritzi Köhler-Geib

Media and Comments on Current Topics

02.09.2020 | Interview with CNBC

Dr Fritzi Köhler-Geib discusses the outlook for the German economy and the government’s fiscal response to the coronavirus crisis.

Interview .

KfW Stories

Climate protection goals – Plenty of room for improvement

Rebuilding the economy after COVID-19 and tackling the climate crisis must go hand in hand. For Germany to achieve its target for climate action, it needs to tap into overlooked areas of potential to reduce its CO₂ emissions. In particular, this process will be essential for the transport sector. And there is even more that can be done with innovative building solutions.

An article by Dr. Fritzi Köhler-Geib at KfW Stories

Speeches and Event Reports

28.10.2021 | Forum Konjunktur- und Wirtschaftspolitik (ISM Dortmund)­

11.11.2021 | LFI-CEO Meeting 2021Konjunkturausblick (Frankfurt)

12.11.2021 | Mittelstandsrat – Beitrag: Neustart nach der Krise

22.11.2021 | CEEI conference Recalibrating tomorrow’s global value chains – prospects for CESEE“ (Vienna)

24.11.2021 | European Tax & Legal Forum 2021 Wirtschaftlicher Ausblick - Chancen und Risiken in der Bankenlandschaft“

Previous speeches

Dr Fritzi Köhler-Geib's Career Path

Curriculum Vitae

Portrait photos available to download here:

KfW Photo Archive

Fritzi Köhler-Geib in portrait


KfW Research, KfW Group, Palmengartenstrasse 5-9, 60325 Frankfurt, Germany,