DIVIDED IN THE CRISIS
Eastern Germany Less Hard Hit than the West
A new government report shows that the former East Germany has been less bruised by the economic crisis than the richer West. The region has more smaller companies that are more flexible and less dependent on exports, it argues.
Eastern Germany Less Hard Hit than the West
A new government report shows that the former East Germany has been less bruised by the economic crisis than the richer West. The region has more smaller companies that are more flexible and less dependent on exports, it argues.
The former East Germany has long been eclipsed economically by the richer and more industrialized West. Yet ironically the eastern part of the country is now actually better equipped to deal with the ongoing economic crisis.
