From the mid-aughts till today, the German labour market has seen a marked rise in the number of employees. This positive trend – interrupted only by the downturn in 2009, which was mild given the gravity of…
The extent to which the Greek electorate was buoyed by the country's advance to the quarterfinals of the 2012 European football championship is unclear. In any event, the outcome of the elections on June 17 has…
Like a deus ex machina, growth has mutated into the great hope of 2012. Inspired by the election promises of the new French president, increasing support is being garnered by voices of opposition to German-led…
According to a famous German proverb, "A horrible end is better than horror without end". However, with regard to the insolvency of Schlecker, Europe's largest drugstore chain, this proverb is misleading, for…
The term of "social" is provided for most people with a sense of well-being or at least with positive connotations. So many institutions use this adjective in various contexts starting with social market…
As part of the fiscal agreement approved at the EU Summit at the end of January 2012, twenty-five EU nations will seek to pass legislation defining an upper limit on new debt creation. In this connection, the…
In the question of how to handle the eurozone crisis, the sole contribution offered by numerous experts is to condemn virtually all of the solutions currently being floated. No alternative solutions are…
It is much more popular to decry the sins of the embattled countries on the eurozone's periphery than to praise their efforts to return to the narrow path of fiscal virtue. Yet these efforts have been…
Germany's temporary employment sector has seen rapid growth in recent years, with the number of temporary employees rising from 340,000 in 2000 to 824,000 in 2010. While this growth has continued apace in 2011,…
Economists are currently being taken to task for the inaccuracy of their forecasts. Some of their most critical voices have come from the natural sciences, where the commentary has been mocking and at times…
