‘Wise men’ predict flat German growth

Article discusses the 2008 annual report by Germany's Council of Economic Experts ('five wise men' – five academics who advise the the German government on economic policy). The downbeat report says that Germany is not doing enough to stave off an economic slump and predicts zero growth and a rise in unemployment in 2009.

ESO: Background information: ‘Wise men’ warn Merkel against reform U-turn http://www.europeansources.info/record/wise-men-warn-merkel-against-reform-u-turn/

Website: German Council of Economic Experts http://www.sachverstaendigenrat-wirtschaft.de/en/service/impressum.php

Deutsche Welle, 12.11.08: German economic experts predict recession http://www.dw-world.de/dw/function/0,2145,12215_cid_3783172,00.html

Deutsche Welle, 12.11.08: Expert Panel: No Growth Ahead as Germany Nears Recession http://www.dw-world.de/dw/article/0,2144,3784579,00.html

German Council of Economic Experts: Press Release, 12.11.08: Mastering the financial crisis – Strengthening the forces for growth http://www.sachverstaendigenrat-wirtschaft.de/download/press/jg08eng_press.pdf

BBC News, 13.11.08: German economy now in recession http://news.bbc.co.uk/1/hi/business/7726162.stm

Spiegel Online International, 12.11.08: Economic Panel Forecasts 0.0 Percent Growth for Germany http://www.spiegel.de/international/germany/0,1518,590011,00.html

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