Brexit vote bad for Germany?

The possibility, that in the future the German economy faces recession, has significantly increased in the last weeks.. The main reason is the result of the Brexit vote, which causes unsecurity- especially on the financial markets. This is the signal of the economic situation indicator from the Macroeconomic Policy Institute (IMK) of the Hans-Boeckler Stiftung. For the time period from June to September 2016 the IMK-indicator , which comprises the main information about the actual economic situation, shows a medium recession possibility in the height of 21%. In June the value of this indicator was only 8,8%. The actual forecast of IMK is based on the standpoint, that Brexit will already in the next year have significant influence on the economic growth in Germany. In such situation IMK advises, that the governments in Germany and in the other EU countries abolish the standstill in the public investments as soon as possible. In this way the urgenty demanded company investments can achieve important impules.