World in Brief: From the archive

Immobile Germany?

The World Today Published 4 October 2013 Updated 7 December 2018 1 minute READ

The sacrifice of the Deutsche Mark for the euro is likely to be the last great voluntary hand-over of German sovereignty… Every further concession will have to be justified in the national interest. This does not mean the Germans will become bad Europeans, rather that they will become normal Europeans. Under Thatcher, it became fashionable to see the German economy and society as caught in a disease of ‘immobilisme’. It had failed to adjust to the environment of Reaganite and Thatcherite economics.

Choices Change for Germany, Alan Watson, August/September 1998