Thursday October 1, 2020

Success on the pitch may not be enough for Germany

As German fans spilled out of the soccer stadium after Friday’s exciting 4-2 victory over Costa Rica, their spending in the bierkellers of Munich will have added another small notch to the country’s economic recovery.

10th June, 2006

For awhile, the pick-up in Germany appeared more evident in various confidence surveys than it did on the ground. But now there is no question that it is for real: exports are on the up, consumer spending is recovering and even unemployment has started to drop.

The eurozone’s biggest economy is on the move and the World Cup bounce can only help. And as the years of seemingly endless recession and economic gloom disappear, so...

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