After the Hartz reforms of 2003-2005, unemployment in Germany has gone down significantly. Using a structural … less than 0.1 percentage point of the decline in the observed unemployment rate. A substantial degree of influence, to the … contrary, is attributed to the preceding Hartz III reform. Thus, the reduction of unemployment compensation could have been …

The economic situation in Russia is dramatic. GDP decreased by alarming 3.7 per cent in 2015. The imposed economic … losses of revenue in the course of the economic crisis in Russia. Overall, however, the effect on the German economy has been …