This country page is a centralised resource for the analytical work on the economy of Germany performed by DG ECFIN. It provides links to the most important pages and documents, such as the European Commission's regular economic forecasts and the country’s compliance with the Stability and Growth Pact.
Last update: 30/05/20112
The Commission publishes macroeconomic forecasts for the EU and the Member States twice a year, in the spring (May) and in the autumn (November). These forecasts are produced by the Directorate-General for Economic and Financial Affairs (DG ECFIN).
DG ECFIN also produces more limited "interim forecasts" in February and September, wich contain one-year projections of GDP growth and consumer price inflation for the euro area, the EU and seven large Member States.
2.1. Assessments of Germany's stability programme
As required by the Stability and Growth Pact, at the end of each year Germany submits an update of the medium-term fiscal strategy it first presented in 1998. Euro area Member States submit stability programmes while countries outside the euro area submit convergence programmes. Based on an assessment by the Commission prepared by DG ECFIN, the Council adopts an opinion on each programme.
2.2. The EU the excessive deficit procedure and Germany
2.3. The Public finance report and Germany
The Commission's annual public finance report prepared by DG ECFIN – entitled "Public Finances in EMU" – includes a chapter on Germany.
Germany is a member of the euro area. It adopted the euro from the start in 1999.
As part of the Europe 2020 strategy for a smart, sustainable and inclusive EU economy, Germany reports each autumn on the implementation of its national reform programme (NRP).
5.1. The EU and Germany
5.2. Country Focus on Germany
>> German consumption: is there hope for a revival?(June 2008)
>> Upswing in Germany: how long will it last?(April 2007)
>> Germany's investment gloom: light at the end of the tunnel? (October 2005)
>> Domestic gloom and export boom: a look at German competitiveness(April 2005)
>> Transfers to Germany's eastern Länder: a necessary price for convergence or a permanent drag?(October 2004)
>> Labour market reform in Germany: Fact or fiction?(February 2004)
>> EU Economy Review 2006(January 2006)