Word: berliner
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Dates: during 2000-2009
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...that has rattled the nation's self-confidence, Germans are again making ambitious plans for the future. Nobody is predicting a boom, but there are signs that Germany is ready to reassert itself as the economic engine of Europe. The economy is growing again, albeit slowly. The heart of Berlin, cut in two for 28 years by the infamous Wall, is now a showplace. The DZ Bank with its magnificent vaulted roof, the Jewish Museum with its lightning-bolt shape and the Sony Center in Potsdamer Platz with its circus-tent glass roof are all signs of a country bouncing...
...first indications of a national turnaround are starting to show up in the numbers. The German Institute for Economic Research in Berlin in July revised its GDP growth estimate from 1.4% to 1.8% for this year and from 1.8% to 2.1% for next year. The Germans got a boost as economies in the U.S. and Asia began to grow again, and also from the run-up to E.U. enlargement, as exports to new members in Eastern Europe surged. "Germany remains an export machine that keeps running and running," says Holger Schmieding, an economist at Bank of America. "Despite the strong...
...Germany's biggest dilemmas is how to cope with the economic consequences of an aging population. "You're going to face a problem in the social-security system, because you have fewer people paying in and more people taking money out," says Reiner Klingholz, director of the Berlin Institute for World Population and Global Development. Klingholz says the solution is to increase immigration. A new immigration law will allow some 200,000 immigrants--highly skilled economic migrants and asylum seekers--into the country each year...
Forget Paris and London. For the folks furthest out on fashion's cutting edge, Berlin is the new capital of creative inspiration. In the past few years, designers like Hedi Slimane of Christian Dior and labels like Hugo Boss have looked to the former East Berlin for inspiration, attracted by its edgy art and music scenes and fashion-forward street life. Slimane rented a studio there for three years while producing a glossy photography installation and a book about the city. Last fall Hugo Boss, which is based in Metzingen, in southern Germany, held its annual fashion show and party...
Creative types have long been drawn to Berlin because of low rents, ample studio space and the relatively low cost of living. The German capital's last cultural heyday was in the 1970s, when the likes of David Bowie and Iggy Pop lived in the then divided city. Now musicians, artists and designers from as far afield as Denmark and Japan are giving Berlin a young vibe again--nearly half of its 3.4 million residents are under 35. "Berlin is not a rich city, so the scene is not at all about money or society or status," says Slimane. "People...