Eastern cities becoming better places to be
The Local · 6 Sep 2008, 10:20
Published: 06 Sep 2008 10:20 GMT+02:00
The survey, conducted for weekly WirtschaftsWoche and published this weekend, puts Dresden in the top ten German cities according to questions such as where has the most jobs, the strongest economic dynamic, highest productivity or which city has the least state debt.
Other formerly communist East German cities are “on the fast track,” including Chemnitz, which jumped 23 rankings to 10th place last year, and Rostock, up to 23rd place from almost last place. These cities on the study's dynamism rankings can thank attractive worker costs and high investment quotas for their new success, the study said.
As usual, Munich topped the overall list, aided by the highest level of buying power and economic cloud, as well as what the WirtschaftsWoche called formidable job market figures. It even has a growing population, which the paper suggests could be connected with the fact that it has the best job chances for women in the country.
But the east is moving, the overall ranking shows, with not only Dresden keeping its place in the top ten at number nine, but Chemnitz making the biggest progress of all the 50 cities ranked. It jumped 14 places to reach number 27, while Leipzig, which ranked a miserable 49 in 2004, managed to reach place 23 this year.
The top ten are as follows – Munich, Münster, Frankfurt, Karlsruhe, Düsseldorf, Stuttgart, Mannheim, Wiesbaden, Dresden, Braunschweig.