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Section: News
Allianz warns against D-Mark return
Sun 19th May, 2013
Munich - According to the insurer Allianz, a return of the D-Mark would cost Germany wealth and jobs. The result would be "a much greater shock than the Lehman crisis" warned Allianz Chief Economist Michael Heise in the daily newspaper "Die Welt" on Monday. The appreciation of up to 20 percent would increase the price of German products abroad and would reduce exports by up to 20 percent. Companies would have to reconsider their location, and the closure of production facilities could jeopardize the German economy significantly. Europe's largest insurance company warned that if this were to happen, four to five years after the end of the monetary union, there would most likely be production losses of up to 25 percent compared to a normal economic development.
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German Private Health Insurance
Health Insurance in Germany is compulsory and sometimes complicated, not to mention expensive. As an expat, you are required to navigate this landscape within weeks of arriving, so check our FAQ on PKV. For our guide on resources and access to agents who can give you a competitive quote, try our PKV Cost comparison tool.
Hospital and Clinic Directory
Germany is famous for its medical expertise and extensive number of hospitals and clinics. See this comprehensive directory of hospitals and clinics across the country, complete with links to their websites, addresses, contact info, and specializations/services.
Upcoming Events
Kultur in Emmaus - Jazz im Atrium
Join us for an exciting evening of jazz at the EMMAUSKIRCHE on Sunday, May 25, 2025, from 19:00 to 20:30. Experience fresh sounds from the talented young jazz quintet led by Anton Sigling from Harlaching. This group features award-winning musicians from the Federal Competition 'Jugend jazzt' and...
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