Wednesday, December 28, 2011

The economy hums in Germany - the euro crisis seems elsewhere

If Berlin's Alexa shopping center is any indication, Germany is having a very good crisis.
While the rest of Europe enacts crippling austerity measures to soothe nervous creditors and bring down dangerously high interest rates, shoppers continue to pour out of Alexa's doors with bags full of presents to sip mulled wine in the cheery Christmas market outside.

Fenja Kothe, a social worker juggling three shopping bags, said she and her countrymen felt no need to cut back on their purchases this holiday season.
"Germany seems to be in a much better position than a lot of other European countries," Kothe said, "so we don't worry about the crisis."


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