Economy

This is a  news and I found in the New York Times is a text that says or talks about the economy in Germany.

Merkel Raises Turks’ Hope Of European Union Entry

BERLIN — Chancellor Angela Merkel of Germany arrived in Turkey on Sunday for talks with Prime Minister Recep Tayyip Erdogan, holding out hope for new impetus in the stalled negotiations for the country to join the European Union

 “In recent times, negotiations stalled somewhat and I am in favor of opening a new chapter in order to move forward,” Ms. Merkel said in her weekly podcast, broadcast on Saturday.

She began her tour on Sunday with a visit to German troops who are deployed along the Turkish border with Syria.

There is significant skepticism within Ms. Merkel’s conservative Christian Democratic Union about Turkish membership in the European Union, but as Turkey has continued to grow and the economies of the bloc have stagnated, the dynamic has begun to change.

Germany and Turkey are bound tightly by the large population of Turkish guest workers who came to work in West German factories in the 1960s and remained. In addition, Turkey is one of Germany’s most important trade partners outside of the European Union, with an annual exchange of goods worth roughly $40 billion.