Current Event 4/21/12
But the German economy will also benefit from services provided, says Börner. Engineering is currently big, with health and care services also projected to grow.
The loss of market for German goods in Europe reflects the current situation of the EU, which is unstable and unwilling to take large economic risks such as investing in a market for German goods. However, the global economic situation virtually nullifies the European economic weakness and disinterest in German goods. Rising standards of living and economic stability in Asian countries like China mean that Germany has a promising economic future if China continues to grow. This is a positive thing for Germany, and means that the powerful nation can continue its projects of growth and development, while helping out the EU in its crisis, without too much fear of losing its market for goods produced in Germany.