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    <title>The Local Germany</title>
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    <description>Read the latest news and views from Germany in English</description>
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        <item>
        <title>
            Germany takes third spot in global ranking of ‘ultra-rich’ people
        </title>
        <description>
            Germany has snagged third place in a ranking showing the ultra rich of the world, while the number of millionaires has also gone up despite the pandemic. 
        </description>
        <link>
            https://www.thelocal.de/20210610/germany-takes-third-spot-in-global-ranking-showing-number-of-ultra-rich-people
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        <pubDate>Thu, 10 Jun 2021 16:55:59 +0200</pubDate>
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        <title>
            Richest in Germany own around two thirds of country&#039;s wealth
        </title>
        <description>
            Germany&#039;s already high level of wealth inequality has been significantly underestimated, according to a new study.
        </description>
        <link>
            https://www.thelocal.de/20200715/germanys-wealth-inequality-significantly-underestimated-says-new-study
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        <pubDate>Wed, 15 Jul 2020 13:20:28 +0200</pubDate>
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        <item>
        <title>
            This is how many millionaires live in Germany
        </title>
        <description>
            A new report says Germany has the third largest number of dollar millionaires in the world – and the rich are growing. At the end of this year, however, the outlook could be different.
        </description>
        <link>
            https://www.thelocal.de/20200709/number-of-german-millionaires-continues-to-rise
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        <pubDate>Thu, 09 Jul 2020 11:01:01 +0200</pubDate>
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        <title>
            Where Germans are living the good life… and where things aren’t so rosy
        </title>
        <description>
            This study highlights just how stark the inequalities are across Germany&#039;s regions.
        </description>
        <link>
            https://www.thelocal.de/20191225/where-germans-are-living-the-good-life-and-where-things-arent-so-rosey
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        <pubDate>Wed, 25 Dec 2019 12:00:00 +0100</pubDate>
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        <title>
            EXPLAINED: Here&#039;s how Germany plans to fight its stark regional inequalities
        </title>
        <description>
            Living standards across Germany vary hugely depending on the region. But the government wants to change that and here&#039;s what it has in mind.
        </description>
        <link>
            https://www.thelocal.de/20190711/how-germany-plans-to-fight-inequality-across-the-country
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        <pubDate>Thu, 11 Jul 2019 12:48:00 +0200</pubDate>
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        <title>
            IMF boss urges Germany to invest more domestically to secure long-term growth
        </title>
        <description>
            IMF chief Christine Lagarde has joined calls on Germany to invest in future economic growth even at the cost of relaxing its cherished budgetary discipline, raising hackles in Europe&#039;s powerhouse.
        </description>
        <link>
            https://www.thelocal.de/20180118/imf-boss-urges-germany-to-invest-more-domestically-to-secure-long-term-growth
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        <pubDate>Thu, 18 Jan 2018 12:14:56 +0100</pubDate>
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        <title>
            This is what Germans really think about capitalism
        </title>
        <description>
            Despite the turbulence of the Weimar years, Germany has followed a steady capitalist economic model since the end of the Second World War. But that doesn’t mean people like the idea, a new study shows.
        </description>
        <link>
            https://www.thelocal.de/20170815/this-is-what-germans-really-think-about-capitalism
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        <pubDate>Tue, 15 Aug 2017 17:26:33 +0200</pubDate>
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        <title>
            German social order at risk due to gulf between rich and poor: report
        </title>
        <description>
            A growing gap between rich and poor in Germany could sap social cohesion in Europe&#039;s largest economy and most populous country, a government report warned on Thursday.
        </description>
        <link>
            https://www.thelocal.de/20170323/german-social-order-at-risk-due-to-gulf-between-rich-and-poor-report
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        <pubDate>Thu, 23 Mar 2017 18:18:05 +0100</pubDate>
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        <title>
            These are the ten German districts with the richest residents
        </title>
        <description>
            An annual study of consumer purchasing power shows where the richest Germans live and just how unevenly distributed wealth is throughout the country.
        </description>
        <link>
            https://www.thelocal.de/20161208/these-are-the-ten-german-towns-with-the-richest-residents
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        <pubDate>Thu, 08 Dec 2016 15:43:27 +0100</pubDate>
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        <title>
            Former East to lag behind West for years to come: study
        </title>
        <description>
            Twenty-six years after reunification, eastern Germany remains economically anaemic with little prospect of catching up with the rest of the country by 2030, a study published on Wednesday said.
        </description>
        <link>
            https://www.thelocal.de/20160824/eastern-germany-to-lag-behind-for-years-to-come-study
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        <pubDate>Wed, 24 Aug 2016 18:54:51 +0200</pubDate>
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        <title>
            Berlin only European capital that makes country poorer
        </title>
        <description>
            In almost every European country the capital is the engine of the economy. But a new study shows there is one exception to this rule.
        </description>
        <link>
            https://www.thelocal.de/20160808/berlin-only-european-capital-which-drags-country-down
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        <pubDate>Mon, 08 Aug 2016 15:03:29 +0200</pubDate>
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        <title>
            ‘Man of private means’ increasingly popular lifestyle
        </title>
        <description>
            For decades after the Second World War almost every German put in a hard day’s work to provide for the family. Now over half a million are putting up their feet and letting their money work for them.
        </description>
        <link>
            https://www.thelocal.de/20160718/man-of-private-means-increasingly-popular-profession
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        <pubDate>Mon, 18 Jul 2016 13:32:04 +0200</pubDate>
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        <title>
            The future belongs to these 10 German regions
        </title>
        <description>
            A new study shows that one city above all will dominate the future of Germany, but if you&#039;re canny you might still want to think about moving to Leipzig or Erfurt.
        </description>
        <link>
            https://www.thelocal.de/20160527/the-future-belongs-to-these-10-german-regions
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        <pubDate>Fri, 27 May 2016 18:08:40 +0200</pubDate>
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        <title>
            German middle class &#039;shrinking as rapidly as USA’s&#039;
        </title>
        <description>
            The middle classes in Germany and the USA are both in sharp decline, while top earners on both sides of the pond reap the rewards, a study by the German Institute for Economic Research shows.
        </description>
        <link>
            https://www.thelocal.de/20160509/german-middle-class-shrinking-wealth-income-usa
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        <pubDate>Mon, 09 May 2016 13:09:06 +0200</pubDate>
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        <title>
            Experts warn of rising inequality in Germany
        </title>
        <description>
            Income inequality has leapt in Germany since 2000, a new study shows, with the lowest earners having less money in their pockets than 15 years ago despite sustained economic growth.
        </description>
        <link>
            https://www.thelocal.de/20160318/germany-wage-inequality-rising
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        <pubDate>Fri, 18 Mar 2016 12:23:27 +0100</pubDate>
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        <title>
            Ten percent of Germans own over half of country’s wealth
        </title>
        <description>
            Social inequality is on the rise as the richest ten percent of Germans have increased their share of the country’s wealth, new figures show.
        </description>
        <link>
            https://www.thelocal.de/20160125/ten-percent-of-germans-own-over-half-of-countrys-wealth
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        <pubDate>Mon, 25 Jan 2016 10:03:43 +0100</pubDate>
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        <title>
            Report: German wealth shrank by 15% in decade
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        <description>
            A new study shows that the value of private household assets has actually dropped over the past decade, contradicting prior reports.
        </description>
        <link>
            https://www.thelocal.de/20150820/report-german-assets-dropped-by-15-in-decade
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        <pubDate>Thu, 20 Aug 2015 18:05:41 +0200</pubDate>
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            Germans are richer than ever before: study
        </title>
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            German private households collectively hold more wealth than ever before, according to a report released by the German Federal Bank on Monday.

        </description>
        <link>
            https://www.thelocal.de/20150720/germans-are-richer-than-ever-before-study
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        <pubDate>Mon, 20 Jul 2015 18:51:47 +0200</pubDate>
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        <title>
            Are you in Germany&#039;s richest 1 percent?
        </title>
        <description>
            An economist has determined how much a person must make on average to be considered part of the wealthiest one percent in various countries, and in Germany the amount is not as high as you might think.
        </description>
        <link>
            https://www.thelocal.de/20150605/could-you-be-part-of-germanys-richest-1-percent
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        <pubDate>Fri, 05 Jun 2015 17:26:18 +0200</pubDate>
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            Wage disparity drives up inequality in Germany
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            A report on Thursday showed that while the gap between rich and poor has somewhat stabilized in Germany since the economic crisis, the rich and highly educated continue to gain more while the poor struggle, creating some of the biggest wealth gaps among developed countries.
        </description>
        <link>
            https://www.thelocal.de/20150521/wage-disparity-drives-up-inequality-in-germany
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        <pubDate>Thu, 21 May 2015 18:50:23 +0200</pubDate>
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