Cost of German Reunification Estimated at 1.5 Trillion
Published on September 19, 2004
An interesting tidbit from a new study on the cumulative cost of the German reunification process for the fifteen years of 1989 to 2004. According to a group at the FU Berlin, more than 1.5 Trillion Euros have been transferred from the states in the former West to their East German counterpart. In addition, the study concludes that in 1989 East Germany had a standard of living comparable to that of the 1950s West Germany. By 1995, that standard of living in the former East had caught up with that of the former West. Amazing, isn’t it?