Many Greeks cannot make ends meet after years of an imploding economy and austerity imposed by the country’s creditors. They need help, often in the form of free food, free meals and free medical care.
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.
The European Commission's package of eurozone reforms was billed as the EU's bold vision for a post-Brexit union. But it comes as Brexit talks verge on collapse and domestic German politics remain up in the air.
Europe's financial recovery continued at a steady pace amid a number of uncertainties in the market. The official eurozone figures were better than estimates of 9.2 percent from data company Factset.
Germany should use its wealth to invest in infrastructure that will enhance its growth potential, and encourage employers to raise wages for higher consumption, the International Monetary Fund says in a report.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version