For all the old cliches about Teutonic efficiency, much of Germany’s transport infrastructure is in a terrible state of disrepair, and many major works have been badly botched. A chronic lack of investment is to blame (by Kate Connolly)
Exclusive: Intellectual figurehead of European integration says efforts of previous generations put at risk by Angela Merkel’s hardline stance on Greece
As my talk, and this subsequent post, focused on how Keynesian ideas are pretty mainstream elsewhere, this raises an obvious puzzle: why does macroeconomics in Germany seem to be an outlier?
For 60 years, successive German governments sought a more European Germany; but now, Chancellor Angela Merkel’s administration wants to reshape Europe's economies in Germany’s image. This would be a disaster: Far from being Europe’s most successful economy – as German officials boast – Germany’s economy is dysfunctional.
For the first time in four years, Greece has acquired fresh money from the bond market. But amid explosive demand, and euphoria among investors, a study released by a research centre in Freiburg warns of premature optimism. EurActiv Germany reports.
Following is the unofficial transcript of a FIRST ON CNBC interview with George Soros, Chairman of Soros Fund Management, from the World Economic Forum in Davos. All references must be sourced to CNBC.