Economic reforms boost wealth and confidence

[milanbenes]

http://www.timesonline.co.uk/article/0,,3-2135206.html

Germany is out of the doldrums as economic reforms boost wealth and confidence.

Yet this week the dubious title of Sick Man of Europe was handed, without great ceremony, from Germany to Italy, and in Berlin at least there was palpable relief. With chaos in Rome, a nervous crisis in Paris and with the Blair era drawing to a close, Germany is emerging as Europe’s rising star.

Milan.

[wendigo100]

Hopefully they are right, but so far it is mainly raised optimism that they are talking about, rather than good figures.

Perhaps they are learning from people in the UK how to brush debt and unemployment under the carpet.

[Hart-floot]

Hopefully they are right, but so far it is mainly raised optimism that they are talking about, rather than good figures.

Perhaps they are learning from people in the UK how to brush debt and unemployment under the carpet.

Hope so too - we need a strong German economy. Good for UK and Europe. So does Italy! Afterall it will be the Germans (and us, Sweden & NL) that will end up paying for the economic mess that it Italy!

In the meantime read this article from today's BBC.....

http://news.bbc.co.uk/1/hi/business/4916138.stm

[wendigo100]

After decades of sending builders and bricklayers to work in mainland Europe, the UK is now attracting craftsmen from Germany to its construction industry.

In the state of North Rhine-Westphalia, German builders are being advised how to "attack" the UK market.

The construction industry is stagnating in Germany, but up to 30,000 new homes a year have been earmarked for building in the UK over the next two decades.

Ah yes, that would be Prescott's job-creation scheme.

It is a source of pride for the UK to be hosting Germans building new homes for Polish immigrants as a catharsis for 1939.

[DaveB]

Ah yes, that would be Prescott's job-creation scheme.

It is a source of pride for the UK to be hosting Germans building new homes for Polish immigrants as a catharsis for 1939.

Or payback for Auf Wiedersen Pet