Germany business update - November 2019

By Tom Carson

German-Japanese comparisons In contrast to the multitude of articles emphasizing Germany’s struggling economy, Martin Wolf , the FT’s chief economics commentator, has written to explain “How the euro helped Germany avoid becoming Japan.” He writes in favour of the Euro: “For Germans, the necessary realisation has to be that the euro is already working to their benefit, by stabilising their economy, despite its huge savings surpluses.” Next, he examines German economy in a favourable light compared to the Japanese economy. Volkswagen Read in The Telegraph about how Volkswagen plan to lead the way in the production of electric cars.