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The German Council of Economic Experts today presented its Annual Report 2023/24 entitled "Overcoming weak growth – Investing in the future" to the German government.
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The energy crisis and lower real incomes are still weighing on the short-term economic outlook. In the medium term the declining volume of work, the outdated capital stock and the lack of innovative companies weigh on economic growth in Germany.
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In a by-lined article, Monika Schnitzer and Camille Landais discuss the economic impact of the Inflation Reduction Act (IRA) and how Europe should respond to this programme.
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Joint Statement of the Council of Economic Analysis (CAE) and the German Council of Economic Experts (GCEE) and the Franco-German Council of Economic Experts (FGCEE)