Germany thrives amid recession
Germany remains Europe’s economic engine as other countries struggle to get out of recession.
Published On 15 Nov 2010
As Europe struggles back from recession, Germany remains its economic engine.
The European Commission predicts the German economy will grow by 1.2 per cent in 2010.
That is when the Greece economy is expected to shrink by 3 per cent Ireland by 1 per cent.
When debt-ridden Greece needed a $145bn bailout back in May, Germany contributed the most.
So what’s keeping Europe’s biggest economy humming, even in tough times for its neighbours?
Jonah Hull reports from Frankfurt, on how the Germans do things differently.
Source: Al Jazeera