Western Europe: Blooming with Germany

When West Germany's economy has a setback, most of Western Europe suffers because of the loss of German trade. Thus news that West Germany's economy is pulling out of its 18-month slump has sent ripples of optimism all over the Continent. The Common Market, which saw its members plummet to a record-low average growth of 2.5% in 1967, now predicts that 1968 will be a 5% year. And the 20-nation Organization for Economic Cooperation and Development, which only last month suggested that its West European members might make 4.5%, is now happily reconsidering that figure.

West Germany's problems were largely...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!