Germany Stock Market

Posted by Noman Manzoor | Posted in


After World War II, Germany was separated into the western Federal Republic of Germany (FRG) and the eastern German Democratic Republic (GDR). While FRG pursued Western strategies, the GDR was aligned with the USSR and the Warsaw Pact. FRG and GDR united when the Cold War ended in 1990, and efforts have since been made to increase Eastern productivity and wages. In 1999, Germany, the country with the largest European economy and population, implemented the euro. Lately, Germany has been experiencing a decline in its unemployment rate; this happens at a time when, the economic demand is increasing, German enterprises want to fill more open positions.
Capital City: Berlin (+1 GMT)
Chief of State: President Horst KOEHLER
Head of Govt.: Chancellor Angela MERKEL
Currency: Euro
Main Cities: Hamburg, Munich, Cologne
Major Languages: German
Calling Code: 49
Voltage: 110/220V
Stock Exchanges: Borse Berlin-Bremen
Primary Religions: Protestant, Roman Catholic
Main Airports
Berlin-Tegel (TXL), Frankfurt/M (FRA), Munich (MUC)
U.S. Embassy
Neustaedtische Kirchstrasse 4-5 10117 Berlin tel: (49 30) 238-5174
Statistics
GDP:
purchasing power parity:
$2.504 trillion (2005 est.)
GDP - real growth rate:
0.9% (2005 est.)
GDP - per capita: purchasing power parity:
30,400 (2005 est.)
Inflation rate (consumer prices):
2% (2005 est.)
Labor force:
43.32 million (2005 est.)
Exports:
$1.016 trillion f.o.b. (2005 est.)
Exports - partners:
France 10.1%, US 8.8%, UK 7.9%, Italy 6.9%, Netherlands 6.1%, Belgium 5.6%, Austria 5.4%, Spain 5.1% (2005)
Imports:
$801 billion f.o.b. (2005 est.)
Imports - partners:
France 8.7%, Netherlands 8.5%, US 6.6%, China 6.4%, UK 6.3%, Italy 5.7%, Belgium 5%, Austria 4% (2005)
Population:
82,422,299 (July 2006 est.)
Population growth rate:
-0.02% (2006 est.)
Population Below Poverty Line:
NA%
Major Industries:
among the world's largest and most technologically advanced producers of iron, steel, coal, cement, chemicals, machinery, vehicles, machine tools, electronics, food and beverages, shipbuilding, textiles
Employing Workers: 129*
Registering Property: 42*
Enforcing Contracts: 29*
Closing a Business: 28*
*2006 World Bank rank out of 175 countries

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