eurozone: Meanwhile, there a growing sense in developed economies that workers have yet to benefit from the recovery or rising globalisation, according to The Guardian. Germany Germany economy has largely outperformed the wider eurozone in recent years. New counter-establishment parties have emerged in several countries and, as in the UK, people have voted for dramatic change. Its unemployment rate is low and youth unemployment is the lowest in EU. But not everyone feels they are getting the benefits of Germany stand-out performance. That has exacerbated grievances some Germans have long held over the euro, a union they feel benefits poorer countries more than their own. Wage growth has been relatively modest, and anger has intensified recently over meagre returns on savings as the European Central Bank cut key interest rates into negative territory.
(news.financializer.com). As
reported in the news.
Tagged under eurozone, counter-establishment topics.