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2 juillet 2013

Scrimping Threatens Germany's Future

SPIEGEL ONLINEFrom the outside, Germany appears to have a robust economy. But a new study by a leading economic institute reveals that the country is investing far too little in infrastructure and its future, effectively saving itself to death. When the main contenders in the current general election campaign talk about Germany, if often sounds as if they all belong to the same party. Chancellor Angela Merkel, of the conservative Christian Democratic Union (CDU), has praised the country as a "successful export nation."
Her opponent, Peer Steinbrück, of the center-left Social Democrats (SPD), has lauded the "strong country" whose merits range from the traditional "social partnership" between German employers and employees to the "excellent university research landscape."
Of course there are also a few differences between the candidates, primarily when it comes to social justice. Read more...
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