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Economic Upswing 2010

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Germany and Europe Must Defy Political Trends - BERNADETT SZABO/ REUTERS

Beating the Crisis Germany and Europe Must Defy Political Trends

Germany's economy is in good shape because it resisted the fashion of neoliberalism. Europe should show the same defiance in the face of self-serving predictions that the euro is doomed. The financial and debt crises have highlighted the need for strong governments -- and for more Europe, not less. Von Christoph Schwennicke

Booming German Employment Masks Shrinking Industry - Stefan Puchner/ dpa

Ship Building or Services? Booming German Employment Masks Shrinking Industry

Last year a record 40.4 million people were employed in Germany. However, behind the strong figures lurks a worrying structural change. Industry, the traditional motor of the German economy, is seeing its importance dwindle.

Does Euro Crisis Threaten Berlin's Economic Miracle? - Rolf Haid/ dpa

Germany's New Wirtschaftswunder Does Euro Crisis Threaten Berlin's Economic Miracle?

There seems to be a lot of unanimity in Germany about the country's economic prospects for 2011. But while a chorus of optimists in business and government circles make rosy predictions of continued growth, some worry that the euro crisis could put an end to Germany's post-crisis euphoria. Von Katrin Elger und Christian Reiermann

G-20 Offers Slight Tweak to Global Finances - POOL/ REUTERS

Merkel's Summit Success G-20 Offers Slight Tweak to Global Finances

Germany succesfully managed to thwart US demands for rigid rules on trade imbalances. The G-20 also reached agreement on limiting banking risk and reforming the International Monetary Fund. But Chancellor Angela Merkel's victory was overshadowed by rumors of an impending cabinet shake-up in Berlin. Von Philipp Wittrock

'Our Export Success Shows How Competitive German Products Are' - Malte E. Kollenberg

Merkel Prepares for G-20 'Our Export Success Shows How Competitive German Products Are'

In interviews given in the run-up to this week's G-20 summit in South Korea, Germany leaders, including Chancellor Angela Merkel, are defending their country's trade surpluses and warning against currency wars. Her words are unlikely to find a warm welcome in Washington.

OECD Says Germany Needs More Immigration - Oliver Killig/ dpa

Losing Labor OECD Says Germany Needs More Immigration

The Organization for Economic Cooperation and Development says that Germany is facing a drastic labor shortage. The country is dead last among industrialized countries in the ratio of those entering the job market versus those leaving it. Immigration, the OECD says, might be the only hope.

Germany's Jobs Miracle is 'Wobbly' - Robert Schlesinger/ dpa

The World from Berlin Germany's Jobs Miracle is 'Wobbly'

German politicians tripped over themselves this week to announce that unemployment had sunk to an impressive low -- under 3 million. But German papers study the statistics and wonder how long the good times will last.

Hamburg's Port Sees Fruits of German Upturn - Maurizio Gambarini/ dpa

Shipping Boom Hamburg's Port Sees Fruits of German Upturn

The economic crisis turned Hamburg's port into a ghost town. Now that things are picking up, the container terminals at Germany's most important shipping hub are buzzing with life again. Von Sven Böll

Germany 'Has Done Everything Right' on the Economy - Oliver Berg/ picture alliance / dpa

The World from Berlin Germany 'Has Done Everything Right' on the Economy

A soaring budget deficit on the one hand, the strongest growth in years on the other: The news on the German economy is both good and bad. On the whole, commentators say, the politicians seem to have got things right. There are still tough times ahead, however.

Greatest Economic Boom Since German Reunification - KAI-UWE KNOTH/ AP

GDP Surges 2.2 Percent Greatest Economic Boom Since German Reunification

Germany just posted its strongest quarter of economic growth since reunification in 1990. During the second quarter, an exports boom, increased consumption and government stimulus helped the country chalk up growth of 2.2 percent.

Germany's New Economic Miracle - ddp

A Keynesian Success Story Germany's New Economic Miracle

During the worst of the global financial meltdown, Berlin pumped tens of billions of euros into the economy and spent hundreds of billions propping up German banks. Now, the country is reaping the benefits as Germany is once again Europe's economic motor. By SPIEGEL Staff

Bank Balance Sheets Could Torpedo Recovery - CHRISTIAN CHARISIUS/ REUTERS

Export Optimism, Financial Fear Bank Balance Sheets Could Torpedo Recovery

Germany's economy is booming thanks to a rapid recovery of global exports. But Europe isn't out of the woods yet. Few know exactly what nasty surprises might be lurking on bank balance sheets across the Continent -- and stress tests might not be enough to reveal them. Von Beat Balzli, Markus Dettmer, Armin Mahler und Christian Reiermann

Germany's Export Boom Has Trade Partners Stewing - A3250 Oliver Berg/ dpa

Prospering at the Expense of Others? Germany's Export Boom Has Trade Partners Stewing

The German economy is rapidly improving, with many manufacturers struggling to keep up with demand. But not all are happy with the country's recovery. Many say that Germany's export gains are coming at the expense of its trading partners. Von Armin Mahler, Christian Reiermann, Wolfgang Reuter und Janko Tietz

German Economy in Mini-Boom but New Clouds Gathering - A3250 Oliver Berg/ dpa

2010 Outlook German Economy in Mini-Boom but New Clouds Gathering

The German economy could recover more strongly in 2010 than many economists have been predicting, because growth is being boosted by the improving global situation and the government's stimulus package. But that doesn't mean the crisis is over -- risks loom from the second half of 2010. Von Sebastian Dullien

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