At the same time, German unemployment fell to its lowest level since reunification. These developments are all the more remarkable given the huge global disturbances we have seen in recent years, such as the financial crisis, the euro area crisis, trade tensions between the United States and China, and the United Kingdom’s departure from the EU.
Economic success in Germany is reflected in high and rising approval rates for the euro (Slide 5). Support for the euro in Germany is higher than it has ever been. Eight out of ten persons in Germany support the euro, which is above the European average.