German economy: doing great – as always?
The German Chamber of Commerce DIHK just published new figures showing how well the German economy is doing – as always, it seems. A poll oft he DIHK among 23,000 companies found that the mood among managers is excellent, much more positive even than in January. We are not surprised, why should we? The prognosis for economic growth was risen from 1.3 to 1.8 percent for the year 2015. Reading this only confirms our expectations. 250,000 new jobs will have been created by December – 50,000 more than estimated half a year ago. Naturally.
Everyone here got used to these good news. We can hardly remember the days when we all worried about the development of the German economy...Read More