The higher the job protection, the higher the obstacles to job creation.
More Quotes from Klaus Baader:
Such a government would have a huge majority in the lower house and should face few difficulties getting the upper house on side, but such a government would be likely to be racked by divisions and would probably find making policy decisions difficult.Klaus Baader
Private equity investors see real potential in German housing, and, on balance, we're inclined to agree. It would be a surprise if German property prices didn't increase. They're arguably among the cheapest asset prices in the world.
Klaus Baader
Industrial production will strongly contribute to growth in the fourth quarter. Order backlogs have been rising in Germany. There's more than sufficient evidence that one should reduce the amount of accommodation in monetary policy.
Klaus Baader
The orders situation in the German manufacturing sector is excellent. It strengthens the European Central Bank's resolve to tighten interest rates and gradually normalize them.
Klaus Baader
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