Record Low Unemployment Gets Germans Spending
This article is for subscribers only.
Germany’s record low unemployment is persuading Europe’s nation of savers to open their wallets and live a little.
Take Olaf Heintze, who splashed some of his engineer’s salary on a bottle of Scotch whisky he tried at a recent tasting. At 65 euros ($70), it wasn’t exactly cheap. Still, he felt he’d earned it.