Saturday, May 26, 2012
International

Getty Images

Made in Germany

From the West Germany economic miracle of the 1950s to Daimler, Siemens and BASF, Germany has chugged its way into the new century on the back of its export economy. A beneficiary of free trade within Europe, Germany has the continent's largest economy and the fourth largest in the world.

Free Money: German Central Bank Issues Zero-Rate Bonds

Free Money German Central Bank Issues Zero-Rate Bonds

SPIEGEL ONLINE - May 23, 2012

For the first time in history, Germany issued long term bonds with a zero percent coupon rate on Wednesday. The demand reveals the deep concerns investors have about the euro zone and their desire for a safe place to park their capital -- even if it costs them money to do so.  more...

Better Than Expected: German GDP Surges as Euro-Zone Split Widens

Better Than Expected German GDP Surges as Euro-Zone Split Widens

SPIEGEL ONLINE - May 15, 2012

The German economy powered ahead in the first quarter with 0.5 percent GDP growth, far more than expected, while other countries in the euro zone stagnated or sank deeper into recession. The gap could could fuel calls for Chancellor Angela Merkel to soften her stance on austerity. more...

Leading German Economist: Higher Inflation 'Would Not be a Disaster'

Leading German Economist Higher Inflation 'Would Not be a Disaster'

SPIEGEL ONLINE - May 14, 2012

In a SPIEGEL interview, Peter Bofinger, a prominent economic adviser to the German government, argues that the country could handle higher inflation. Rising prices in Europe's biggest economy could put crisis-stricken neighbors on the road to recovery, he says. more...

All Work and Low Pay: Getting By Without Minimum Wage in Germany

All Work and Low Pay Getting By Without Minimum Wage in Germany

SPIEGEL ONLINE - May 14, 2012

Germany's economy may be the strongest in Europe, but its large segment of working poor has failed to feel the positive effects of that prosperity. The country's lack of a minimum wage has been cited as one reason for their suffering, but that may soon change. By Kate Katharina Ferguson more...

Millions Left Behind in Boom: The High Cost of Germany's Economic Success

Millions Left Behind in Boom The High Cost of Germany's Economic Success

SPIEGEL ONLINE - May 04, 2012

Countries around the world envy Germany's economic success and look up to it as a role model. But a closer look reveals a much bleaker picture. Only a few are benefiting from the boom, while stagnant wages and precarious employment conditions are making it difficult for millions to make ends meet. By SPIEGEL Staff more... Forum ]

When the West's Not Best: Eastern Germany Welcomes Wave of Reverse Migration

When the West's Not Best Eastern Germany Welcomes Wave of Reverse Migration

SPIEGEL ONLINE - April 26, 2012

Since reunification, people have been abandoning eastern Germany in search of jobs and a better life in the west. But many are now returning home. Homesickness is one reason, but improvements in the job market and quality of life are also attractive. By Maximilian Popp more...

Upswing Continues: Research Institutes Predict German Economic Growth

Upswing Continues Research Institutes Predict German Economic Growth

SPIEGEL ONLINE - April 19, 2012

Germany's leading economic think tanks are expecting economic growth, an increase in new jobs and a drop in new debt in the country over the next two years. The spring report forecasts 2 percent growth by 2013. But prospects appear dimmer for many other euro-zone countries. more...

German Transport Minister Peter Ramsauer: 'Frankfurt Will Remain an International Hub'

German Transport Minister Peter Ramsauer 'Frankfurt Will Remain an International Hub'

SPIEGEL ONLINE - April 09, 2012

A German federal court recently upheld a ban on night flights at Frankfurt Airport, Germany's busiest airport and a major European hub. In a SPIEGEL interview, German Transport Minister Peter Ramsauer brushes off claims that the ban will hurt Germany's attractiveness as a business location. more... Forum ]

SAP Co-Founder Hasso Plattner: 'Germany Is a Nation of Grumblers'

SAP Co-Founder Hasso Plattner 'Germany Is a Nation of Grumblers'

SPIEGEL ONLINE - March 29, 2012

Hasso Plattner is one of the co-founders of German business software giant SAP, which is celebrating its 40th anniversary. In a SPIEGEL interview, he explains what German entrepreneurs could learn from Americans and shares his memories of Apple's Steve Jobs. more... Forum ]

Growth at Risk: Slow Pace of Reform Threatens German Prosperity

Growth at Risk Slow Pace of Reform Threatens German Prosperity

SPIEGEL ONLINE - March 26, 2012

Germany may like to present itself internationally as a model of modern economic policy, but in reality much-needed domestic reforms have been stalled for years. The OECD has warned that German prosperity may be at risk if Berlin doesn't take action. By Sven Böll and Christian Reiermann more... Forum ]


PHOTO GALLERIES






 
TOP



TOP