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Exorbitant tax rates and government-imposed workforce protection have all had a paralyzing effect

German Economic Quicksand
Nico Wirtz, TCS Original Article

This month, Germany's largest industry association, the Association of German Chambers of Industry and Commerce (DIHK) published its latest survey of German industries. The results were remarkable, but should not have come as a shock to anybody who has been following Germany's economic development over the past decade.

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