Eastern Germany still behind the west
After the rapid expansion of the early years, the former East Germany entered a phase of slow growth that made it impossible to bridge the gap with the former West Germany, new research from the Bank of Italy posits.
The research shows that unemployment remains high, low growth rates appear deep-rooted, and persistent regional imbalances affect the social and economic prospects of the area. The research also shows eastern Germany's long-term outlook is threatened by adverse demographic trends
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