Tuesday, Jul 13, 2010
Roll up, roll up, get your buy-to-lets in Berlin now
Telegraph: Deutschland über alles does not mean a trickledown recovery in EMU
Germany is sizzling, for now. Manufacturing output grew at an annual rate of 26pc from March to May. Mercedes, BMW, and Audi are ramping up overtime. Economic growth in the second quarter may top 5.2pc. German unemployment has been falling for 12 months in a row to 7.5pc. Hans Werner Sinn from Germany's IFO Institute said his country is on the cusp of a property boom. "Germany is the winner of this crisis," he said.
Posted by drewster @ 12:20 AM (454 views) Add Comment
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