The proportion of eastern German employees earning less than €7.50 per hour is 20 percent, compared to 12 percent of western Germans, according to the Halle Institute for Economic Research (IWH). The study was based on data collected from thousands of German households. According to the institute, a worker earning €7.50 per hour and working a 40 hour week would bring home roughly €1,300 per month gross salary.
The Dax, an index of the top 30 German companies, made a 5 percent gain on Thursday, as good earnings in the real economy, as well as gains in Asian and American markets helped calm the mass panic on the bourses.
Nokia CEO Olli-Pekka Kallasvuo has offered workers in Bochum, Germany a chance to transfer to the new plant in Romania. Nokia’s 44 percent surge in net profit over the last quarter has stirred further anger among those affected by Nokia’s plant closure in Bochum and has intensified criticism.
As of now, only 158 architecture firms have joined the international competition to build the Berlin City Palace, the Prussian royal palace that was damaged by allied bombing and torn down by East German authorities.
Poor language skill could be blamed for much of Germany’s youth crime, a new study suggests. A study led by criminologist Claudius Ohder showed that violent behaviour that could lead to later criminal activity was often identified at the ages of 5 or 6. Measures that followed the diagnosis had minimal effect.
Germans are showing a growing interest in exorcism, priests behind a Polish exorcism centre claim.
Munich is planning a carnival parade on the same day holocaust victims are supposed to be remembered, and critics are blaming Christian Ude, the mayor of Munich and centre-left SPD party member, for the faulty planning. Fasching is a German carnival celebration.