Germany







Klaus Zimmermann

“Austerity is not a growth strategy, neither is demand stimulus”

MADRID | April 19, 2015 | By Ana Fuentes | Germany’s Institute for the Study of Labor Chairman Klaus Zimmermann finds the debate between EU ‘austerians’ and ‘stimulus fans’ too shallow. In his view, spending cuts for their own sake were never the German style. In a conversation with The Corner, he explains that the effects of the minimum wage introduction in his country cannot be measured yet and why he thinks the German corporate governance model helped cushion the crisis’ labor market impact.



germany growth

German economy getting stronger

The Corner| April 9, 2015 | Strong figures from German industry will offer further encouragement to EU policymakers that the economic recovery is now on the right track. German industrial production grew by 0.2%, beating expectations of a 0.1% rise. The increase in industry excluding energy and construction was 0.5% according to latest data from the Bundesbank.


germany factory workers

German factory output disappoints

The Corner | April 8,2015 | German factory output disappoints as fears of  slowdown in the U.S and China hit exporters in Europe’s largest economy despite the weakened state of the euro. Elsewhere, retail sales are expected to contract in the euro area having shown gains since the final months of 2014.