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As Europe’s largest economy and second most populous nation, Germany is a key member of the continent’s economic, political, and defense organizations. European power struggles immersed Germany in two devastating World Wars in the first half of the 20th century and left the country occupied by the victorious Allied powers of the US, UK, France, and the Soviet Union in 1945. Forex foreign money exchange boston area’s Federal Employment Office estimated a seasonally adjusted rate of 10.

The German economy – the fifth largest economy in the world in PPP terms and Europe’s largest – officially entered a recession in the third quarter of 2008 as the strong euro, high oil prices, tighter credit markets, and slowing growth abroad took their toll on the world’s leading goods exporter. 2008 – is widely expected to contract further in 2009. Got something to say on this page? Feel free to post your comments !

Please limit your comments to discussions about the subject matter of the content. Which is the largest ocean in the world? Iranian FM urges int’l condemnation of U. Is Israel driving a wedge between Russia and Iran? If we’re headed for regime change in Iran, get ready for a military draft. An Iranian researcher went home to serve his country. Now, ‘I realize that I’m lucky I’m not in prison.