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The German Council of Economic Experts has slightly lowered its forecast for 2016 due to somewhat weaker external demand. The Council now expects German gross domestic product (GDP) to grow 1.5 %. For 2017, the Council expects GDP growth to pick up slightly to…
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Today Professor Dr. Lars P. Feld, Freiburg, received his certificate of appointment as member of the German Council of Economic Experts for the term of 1st March 2016 till 28 February 2021 from Dr. Rainer Sontowski, State Secretary in the Ministry for Economic…
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The German cabinet has decided to propose the reappointment of Professor Dr. Lars P. Feld for the German Council of Economic Experts to the Federal President Joachim Gauck.
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Today the German Council of Economic Experts released an English translation of the Special Report on consequences of the Greek crisis. The Report discusses reform needs to make the euro area more stable and proposes a sovereign insolvency mechanism.…
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The recent conflict between the government of Greece and its partners in the euro area has shaken the very foundations of European Monetary Union. According to the German Council of Economic Experts, an independent body that advises the government in Berlin,…