30 years of reunification of the two Germanys: "Except for the old Communists who have lost power, every ordinary person in East Germany is a winner.
Looking back now, it seems that the process of reunification of East and West Germany can be smoother and gradual. Some economic integration mistakes could have been avoided. For example, West German employers and trade unions violated market laws and raised East German wages too quickly. They were really pleased at first. However, it caused the subsequent high unemployment rate and interruption of the investment process, which became one of the key problems of East Germany’s economic backwardness. "During the painful transition of East Germany from a planned economy to a market economy, the losers were those old Communists who had been in power. They lost power but still enjoyed the western standard pension benefits." Sinn, former director of the Ifo Institute for Economic Research (Hans-Werner Sinn) told the media, "But apart from them, everyone in East Germany is a winner. There is no doubt about that. Germany's reunification is basically the luck of all the people."
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