The economical boom in the Ruhr Area in the 18th Century With the industrialization in Europe and the discovery of the “black gold”, how coal was called in the past, the region around the river Ruhr soon became the biggest industrial and metropolitan area in Europe, basing its success on mining, steel production and heavy [...]
Archive for June, 2011
7 Jun
Germany: Short-time Work to Prevent Unemployment in Times of Crisis
When in 2007 the financial crisis showed it’s whole seriousness, the German government introduced some measures to fight an increase in unemployment. The most drastical and at the same time highly criticized method was to support companies in Germany to employ their contracted employees as short-time workers with tax advantages, lower ensurance cost and lower [...]
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