The German economy is the largest economy in Europe. Last year the GDP reached 2.5 Trillion Euros. In the third quarter of this year the economy grew by a seasonally adjusted 0.2% relative to the previous quarter. In the third quarter, the total number of employed persons stood at 41.7 million and the provisional household …
Continue reading ‘Germany’s Most Important Trade Partners in 2011’ »
Germany has set an ambitious plan to move away from fossil fuels and abandon nuclear power in the coming years. As a major industrial powerhouse this a big challenge since the country has to find other sources of electricity to replace the power generated from fossil fuels and nuclear power. Germany is increasingly depending renewable …
Continue reading ‘Germany’s Sources of Electricity Generation’ »
One of the major impacts of Globalization in the past few decades is that large companies have become truly global and no longer depend on one country or territory to do business.The strong growth of Multi-National Companies (MNCs) confirms this phenomenon. American MNCs, for example, have established production facilities overseas and employ millions of workers …
The export-oriented German economy at about $3.5 Trillion is the largest in Europe. Unlike other European countries Germany is unique in that the economy is composed of thousands of family-owned small to mid-size companies. In fact, thousands of such Mittelstand firms employ millions of workers in the private sector. These companies are highly successful and supply components and products not just …
Continue reading ‘Ten OTC-Traded German Stocks to Consider’ »
Germany’s DAX index rose over 3% yesterday after having fallen heavily in the past few weeks due to the debt crisis triggered by Greece and other weak European countries. While financials were focus of investors, non-financial firms were also thrashed in the recent sell-off. As a result, some of these non-financial stocks are now worth …
Continue reading ‘Five OTC-Traded German Stocks To Consider’ »