Tag Archives: Dirk Schumacher

New KfW Data Highlights Falling Loan Appetite Among Small Businesses and Rising Reliance on Internal Funding

(IN BRIEF) A new survey from KfW reveals that only 27 per cent of SMEs in Germany are currently willing to use debt financing for investments, the lowest level in ten years. The decline is driven largely by micro-businesses and … Read the full press release

KfW Highlights Changing Start-Up Landscape in Germany with Surge in Flexible and Part-Time Ventures

(IN BRIEF) Entrepreneurial activity in Germany saw a significant increase in 2025, with around 690,000 individuals starting businesses, up from 585,000 in the previous year. This growth was largely driven by a sharp rise in part-time entrepreneurship, which reached a … Read the full press release

Aging SME Owners in Germany Drive a 20‑Point Investment Gap, KfW Study Finds

(IN BRIEF) KfW’s latest SME Panel analysis shows a persistent investment gap between younger and older business owners in Germany: from 2004 to 2023, firms led by under‑40 entrepreneurs reinvested 58 percent on average, compared to 38 percent for over‑60 owners. Driven … Read the full press release

Germany Faces Increasing Competition from China in EU Export Markets, KfW Research Finds

(IN BRIEF) KfW Research’s latest study reveals that Germany is facing increased competition from China in EU export markets. While Germany still maintains higher export shares than China in most product categories, its lead is shrinking, with China expanding its … Read the full press release