Germany has the greatest inequality of income in the entire eurozone – but why? According to the German Institute for Economic Research, companies are booming yet wages are stagnating. What’s causing the increasing disparity between income levels?
World in Progress is a 30-minute radio show that connects the dots in a globalized era.
Despite being one of Europe's wealthiest and economically stable countries, Germany has the highest risk of poverty for the unemployed. According to the latest EU figures, the risk is as high as 70 percent.
Many ties link Germany and Romania, and now the Eastern European country is guest of honor at the Leipzig Book Fair. While corruption affects its developing economy, Romania's rich cultural scene offers reasons to hope.
Germany has a booming economy but most Germans are not particularly wealthy. Hans-Böckler-Stiftung says that the danger of poverty in Germany is comparatively high and measures should be taken to avoid a crisis.
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