The
body, which advises the finance ministry on policy, expects
growth of 0.5% this year, according to the newspaper, which had
seen a copy of recommendations due to be presented to the
government on Wednesday.
In the document, the five academic economists said they saw the
development as a temporary downturn, and did not expect a "broad
and deep recession". However, they urged caution regarding
Germany's famed "black zero" balanced budget policy.
"A commitment like the black zero makes sense in times of
cyclical overheating," they wrote. "But sticking to a balanced
budget risks leading to a problematic pro-cyclicality in
downturns."
(Reporting by Thomas Escritt; Editing by Madeline Chambers)
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