East Germany 20 Years After Reunification

After the Berlin Wall was pulled down 20 years ago, the former East Germany's society and economy had to be reimagined. Altogether, about 14,000 companies in East Germany were closed or privatized in the five years following German reunification, resulting in the loss of about 4 million jobs.

Today, the economy and business culture of the former East Germany offers a mixed picture. Cities like Berlin, Dresden, and Leipzig have developed strong entrepreneurial cultures that encourage technology startups and small business ventures. Employment levels are steady in the dynamic university town of Jena despite the recession. But many rural areas suffer from depopulation and high unemployment.

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