The Local Germany

German happiness hits record high thanks to the Ossis

Fri, 17 Mar 2017 16:40:42 +0100

A new study shows that Germans are more satisfied with their lives now than at any point since reunification in 1990.

Economist warns: Grexit is not the answer

Thu, 09 Jul 2015 10:57:05 +0200

A top German economist has warned that if Greece leaves the euro single currency it will suffer a decade-long depression, urging European leaders to come to a compromise over a third financial aid programme.

Should Germany hit the rich with a wealth tax?

Wed, 11 Jul 2012 18:47:00 +0200

A respected economics institute has suggested a one-off tax for the wealthiest in Germany, to raise €230 billion to shore up national debt. Would such a measure kill investment in the country or is it a fair idea? Have your say.

German economists: make the rich buy bonds

Wed, 11 Jul 2012 13:26:00 +0200

A respected German economics institute has suggested that wealthy people be hit with a capital tax, some of which they could get back with interest. Such a move could raise around €230 billion, it said.

German firms 'still failing to promote women'

Wed, 18 Jan 2012 15:28:00 +0100

German firms are failing to put more women in top jobs, a new study shows – despite figures demonstrating that companies with women managers perform better than those run only by men.

Study sees no skilled worker shortage

Tue, 16 Nov 2010 10:08:00 +0100

German businesses often warn a shortage of qualified skilled workers could lead the country to economic ruin, but a new study released on Tuesday suggests this premise might be wrong.

Bundesbank warns of forex manipulation

Wed, 06 Oct 2010 19:01:00 +0200

The German Bundesbank weighed into the simmering currency dispute between the United States and China on Wednesday, warning against the harmful effects of exchange rate manipulation.

Women believe men deserve higher pay, study finds

Tue, 06 Jul 2010 16:10:00 +0200

German women earn up to one-quarter less than their male co-workers, but a new study released Tuesday surprisingly revealed that many women also think they deserve a smaller paycheque.

Anxious middle class shrinks as gulf between rich and poor grows

Tue, 15 Jun 2010 14:57:00 +0200

A new study released on Thursday said the divide between Germany’s rich and poor continues to grow and is squeezing out the country's anxious middle class.

Afghan mission costing triple ministry estimates

Thu, 20 May 2010 12:22:00 +0200

Germany’s military contribution to NATO operations in Afghanistan costs three times as much as Defence Ministry figures report, according to the DIW economics institute on Thursday.

Number of Germans living in poverty surges

Wed, 17 Feb 2010 15:49:00 +0100

The ranks of the poor in Germany have swelled over the past decade, as a study released on Wednesday showed more than 11 million people living in poverty.

Economic experts blast tax cut plans

Fri, 25 Dec 2009 15:59:00 +0100

The presidents of Germany's five major economic research institutes have increased pressure on the German government over its controversial tax cut plans. They have called on the chancellor to balance the country's books.

Economists boost growth forecasts for Germany

Thu, 27 Aug 2009 12:15:00 +0200

Economists from leading German banks and economic research institutes on Thursday adjusted their 2010 growth forecasts for Europe's largest economy upwards amid improving signs for a healthy recovery after the financial crisis.

Germany's jobless queue set to hit 4.7 million in 2010

Fri, 31 Jul 2009 13:00:00 +0200

Unemployment in Germany will climb even further than previously feared, with 4.7 million people out of work in 2010, the German Institute for Economic Research (DIW) predicted this week.