The Institute's management and team welcome Werner Gatzer as a new FiFo Policy Fellow. The Chairman of the Supervisory Board of Deutsche Bahn AG was responsible for the federal budget as State Secretary for over 18 years until the end of 2023. "There is hardly any other person in Germany who has as much authority and practical experience in budgetary and fiscal policy as Werner Gatzer. We are very grateful to have him among our Fellows," remarks Michael Thöne on this very welcome addition.