"The German Council of Economic Experts warned the Merz government on Wednesday that there is no economic upturn in sight for 2026 forecasting GDP growth of just 0.9%. The council urged a change of course, calling for, among otherthings, reforms to inheritance tax law. The Council of Economic Experts also warned the government not to squander the opportunity to invest the country's Special Fund for Infrastructure and Climate Neutrality (SVIK), saying not to do so would be to risk further economic stagnation."
"Today's report forecast that growth in 2025 will remain an anemic 0.2%. Rises in consumer costs and weak investment are expected to continue their drag on the economy. German Defense Minister Boris Pistorius on Wednesday said the country's armed forces, or Bundeswehr, are doing well and getting better all the time on the occasion of their 70th birthday. Meanwhile, inflation in Germany went down slightly in October, the Federal Statistical Office has confirmed."
The German Council of Economic Experts forecast GDP growth of 0.9% for 2026 and 0.2% for 2025, signaling continued economic weakness. Rises in consumer costs and weak investment are expected to drag on recovery. The council urged inheritance tax reform and insisted that the Special Fund for Infrastructure and Climate Neutrality (SVIK) be actively invested to avoid prolonging stagnation. Failure to deploy SVIK resources would risk further economic stagnation. German defense leadership said the Bundeswehr is improving on its 70th anniversary. Inflation eased slightly in October according to the Federal Statistical Office.
Read at www.dw.com
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