As Europe struggles to climb out of the 2011 recession, countries in Asia are booming. Export oriented German companies benefit from that growth. And that's also good news for the Germany.
The world is a complicated place, but the immutable laws of international trade have often served to simplify it. That appears to be changing fast, and Germany is in the firing line as risks of a global trade war rise.
The future of work doesn't just interest workers. Germany still dreams of being better connected. Yet digitalization can be a curse and a blessing; global leaders need to be honest and fair.
Thanks to a stable job market and solid consumption, the upswing in Europe's biggest economy is set to continue over the next two years, says a joint economic forecast by leading economic think tanks In Europe.
The German government has raised its growth outlook for 2017. It said strong domestic consumption would increase growth and bring down a much-criticised trade surplus logged by Europe's powerhouse for years on end.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version