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Malta's feeling the benefit

10.01.2013 / 03:05 CET
Playmobil to increase its investment in its Maltese factory.
Never let it be said that southern Europe does not feel the benefits of Germany's economic strength. Here is a heartening example of trickle-down economics helping southern Europe: the German toymaker Playmobil has announced that it will increase its investment in its factory in Malta by €4 million, taking total investment for 2013 to €15m. Any accusations that Angela Merkel's Germany is simply toying with the eurozone periphery are clearly groundless.
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