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Fixing the Labor Market Schröder Reforms Bear Fruit in German Recovery

Once the sick man of Europe, Germany is currently enjoying an economic recovery, with fewer people out of work and solid growth. And unemployment is likely to remain low -- largely thanks to unpopular labor reforms pushed through by the last chancellor, Gerhard Schröder.
The German economy is recovering and unemployment is down. Here an employee checks solar panels in a Wismar plant.

The German economy is recovering and unemployment is down. Here an employee checks solar panels in a Wismar plant.

DPA