From record poverty rates to record suicide rates and levels of youth unemployment, post-election emboldened hopes for a phoenix-like rebirth of a nation from the flames of Eurogroup repression were seemingly dashed on Friday. However there is another nation, that begins with the letter 'G' and that is at the heart of the EU-Greece talks that is suffering seemingly silently. As Newsweek reports, poverty in Germany is at its highest since the reunification of the country in 1990, with 12.5 million residents now classified as 'poor'...

As The Joint Welfare Association reports states,

Poverty in the Federal Republic of Germany is on an all time high, the findings of the Joint Welfare Association in its current poverty report. The Association is calling on the federal government for decisive action to combat poverty, including a significant increase in the standard rate in Hartz IV reforms and the family load balancing and basic old-age security.

"Never before has the poverty in Germany so high and never was the regional turmoil as deep as today. Germany is a deeply political poverty rugged Republic, "said Ulrich Schneider, Executive Director of the Joint General Association. Poverty in Germany has risen within a year almost jumped from 15.0 percent (2012) to 15.5 percent (2013). Purely mathematical terms this represents an increase from 12.1 to 12.5 million people.