Germany needs to fix high taxes, job protections laws, and over-regulation.

Why Germany can't create jobs
William Boston, The Christian Science Monitor Original Article

In a sputtering economy, Niles Werke shows how to get the German locomotive running again. The century-old machine-tool company is at the top of its field. Sales are expected to rise by 10 percent this year. "We expect 2005 to be another good year," says Frank Reichel, director of its Berlin plant.