The EU should oppose protectionist tendencies, Germany should completely eliminate the solidarity surcharge, the European Central Bank (ECB) needs to manage the transition to a normal monetary policy and the European Banking and Capital Markets Union should be deepended - these are some of the Council's recommendations. Furthermore, the council members suggest to reduce overcapacities in the healthcare system and to build better framework conditions and a modern education system.
The GCEE handed over the Annual Report 2018/19 entitled "Setting the right course for economic policy" to Chancellor Angela Merkel in Berlin on November 8. The Council consists of five members, currently Prof. Christoph Schmidt (Chair), Prof. Peter Bofinger, Prof. Lars Feld, Prof. Isabel Schnabel and Prof. Volker Wieland. Regarding the Annual Report, Wieland is mainly responsible for the issues on monetary and fiscal policy.
Press release of the German Council of Economic Experts
Executive Summary of the Annual Report 2018/19 (English)
Download the English translation of the Annual Report
Video of the hand-over of the Annual Report to Chancellor Angela Merkel