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The German Council of Economic Experts has revised its growth forecast for 2021 downwards and expects a GDP growth of 3.1 % in Germany. In the euro area, the GCEE expects the GDP to grow by 4.1 % this year.
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The National Productivity Dialogue was held this year for the second time and as a virtual event. The results of the Productivity Report were discussed in three panel discussions on innovation, digitalisation and industrial policy.
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In a by-lined article in the newspaper ‘Handelsblatt’, the GCEE describes that the Coronavirus crisis should be utilised for digitalisation, especially to increase productivity and growth in Germany (in German only).
