Wednesday, 25 July 2007

Germany Needs Further `Structural' Economic Policy Changes, Moody's Says

(Bloomberg) -- Germany needs to take further steps
to address ``structural problems'' in the economy, including make
changes to the health-care system, while growth is at a six-year
high, Moody's Investors Service said in its annual report.

There is a ``risk'' that surging tax revenue, swelled by the
fastest expansion in almost six years, may conceal problems,
Moody's said. A revamp of the health-care system, a bone of
contention between the ruling parties in Chancellor Angela
Merkel's coalition government, should be at the top of the
agenda, Moody's said.


Read more at Bloomberg Currencies News

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