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"Wise men" reduce German growth forecasts

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"Wise men" reduce German growth forecasts

E
euronews (in English)

23 Views • Nov 07, 2012

Description

The German government has been criticised over its social welfare plans by the country's panel of economic advisers, traditionally known as the "wise men."

Chancellor Angela Merkel has scrapped a health surcharge and wants to introduce more child benefits as next years election looms.

The body is also at odds with government growth forecasts.

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http://www.euronews.net/