Trouble at t’Mill for Frau Nein?
With most major developed economies struggling badly since 2008, Germany has seemed to be the calm centre of everything. The leader of any other industrialised country would pinch themselves if they had to deal with Angela Merkel’s problems. Germany shrugged off double-dip recession fears in late 2011 as its economy powered ahead again in 2012. Germany’s unemployment rate declined to 7% in May, its lowest level since shortly after reunification. Labour market reforms have fuelled growth in relatively insecure service …