Germany: The Discontent with Prosperity

December 25th, 2010
in News, Background

The New York Times:  With an unemployment rate of 3.5 percent and Christmas markets full of shoppers and revelers, “Bavaria is the planet of the happy,” said Katrin Schmidt, a labor analyst with the Federal Employment Agency based in Nuremberg.

Follow up:

Except that many people in this region, and around the nation, seem subdued and uncertain about their own financial health. Germany’s good fortune, however conspicuous to other Europeans, is widely viewed here as having come at the expense of its workers, who for the past decade have sacrificed wages and benefits to make their employers more competitive.  Read more.....

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.



Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved