Firms hardly suffering at all from financing difficulties stemming from the financial market crisis

Only few enterprises have voiced complaints about impaired financing conditions due to the financial market crisis. This is seen in a current survey of enterprises by the Ifo Institute. The great majority of the enterprises (82%) reported unchanged financing possibilities. In the coming three months, about 19% of the enterprises fear that these conditions will worsen. These are offset, however, by survey participants who expect an improvement of the situation. Firms are not facing a credit crunch, according to these results.