Economics
A German Dynasty Sells Assets to Survive
- Demise of industrial icon lays bare fault lines in economy
- Germany awaits data that might show it slipped into recession
This article is for subscribers only.
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.
On the banks of the Ruhr river that flows through Germany’s industrial heartland lies a vast ornamental park with manicured gardens and exotic trees. At its heart sits a neoclassical manor with copper-green roof and Grecian pillars: Villa Huegel, the former home of steel magnate Alfred Krupp.