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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.

Media and Comments on Current Topics

30.07.2021 │ GDP Germany Q2 2021

„While manufacturing disappointed, the music was playing in the service sectors last quarter, with a sharp recovery after the lifting of prolonged pandemic restrictions. After new Covid restrictions took effect in April, infection figures fell rapidly from May onwards, making many openings possible, which were gratefully embraced by consumers. In manufacturing, on the other hand, there is a shortage of materials, which is why bulging order books cannot be worked off. In the current summer quarter, the persistent supply bottlenecks remain a brake on growth. However, the renewed sharp rise in the number of infections in Germany has also dampened the outlook for the critical service sectors somewhat. The pace of further openings is likely to be curbed, but with the systematic deployment of vaccinations, tests and masks, blanket closures of stores, hotels or restaurants should now be avoidable. The momentum of recent months alone is likely to result in solid growth in the current quarter. How things progress in the winter will then be decided in particular by the progress of vaccination over the next few months.”

30.07.2021 │ GDP Eurozone Q2 2021

„Growth is back. After the difficult winter half-year, the euro zone is again on the road to recovery. The rapid openings in May and June have benefited the beleaguered service sectors in particular. With this tailwind and excellent sentiment figures, the European economy is starting the summer quarter. The conditions for further decent increases in GDP are thus good, even if the recovery may lose some momentum due to supply problems and the highly contagious Delta virus. For coun-tries heavily dependent on tourism in particular, the rapid development of new infections in the middle of the peak season comes at an inopportune time. However, unlike last year, a high vaccina-tion rate can limit the health and economic consequences of new waves of infection. Efforts to increase vaccination rates are thus rightly moving to the center of pandemic response."
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

19.08.2021 | IMK Hans-Böckler Stiftung "Öffentliche Investitionen nach Corona in Deutschland und der EU" (Berlin)

15.09.2021 | SZ-Kapitalanlageforum "Neustart nach Corona im Asset Management – Chancen und Strategien für institutionelle Inves­toren" (München)

30.09.2021 | TSI Congress 2021 "Aufbruch in eine neue Zeit – Mit Asset Based Finance den Strukturkwandel und die Klimawende finanzieren" (Berlin)

09.10.2021 | Bundestagung BKU „Zukunftsfähigkeit Wirtschaft“ (Magdeburg)

13.10.2021 | EZB KonferenzGreen Deal und nachhaltige Finanzwirtschaft

28.10.2021 | Forum Konjunktur- und Wirtschaftspolitik (ISM Dortmund)

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,