Legal Business

Market report: Germany – Wennschon, dennschon

With Brexit dominating the EU agenda and causing widespread paralysis in the continent, Germany’s law firms are simply going about their business

Turbulence and trauma may have been the global hallmarks of 2016 – at least according to the headline writers – but not so in Germany. For the third year in a row, the German government did not borrow any money, unemployment fell to a 26-year low of 5.8% while GDP grew by 1.9%, the highest rate in five years. Meanwhile, Germany’s trade surplus has hit another record high.