Der deutsche Mittelstand – Auffassungen & Erwartungen 200723 March 2007

Germany’s economy finally appears to be back on track. After several years of struggle German GDP is now growing faster than the overall Euro area, and unemployment, although still high, has dropped considerably in the last two years. The driving factors behind this recovery are numerous, but a principle factor has been a decline in real wages coupled with productivity gains which in turn has resulted in a sustained reduction in unit labour costs. This has positively impacted upon exports while business investment has also been buoyant. While doubts remain over the long term resilience of the German economy because of low consumer spending, it is arguable that the economy is in its best shape since unification...

Table of Contents

1. Foreword - mergermarket

2. Foreword - Cognetas

3. Foreword - PricewaterhouseCoopers

4. Survey Results

5. Historical Data

6. About Cognetas

7. About PricewaterhouseCoopers

8. Notes & Contacts

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