The EU is the largest trade partner for Germany account for 56% of total turnover. At 9%, the US is second major trade partner.Last year German exports to the US totaled 143 billion Euros. Click to enlarge Source: The New Age of Protectionism- Trump’s Attack on Germany and the Global Economy, Der Spiegel The US market …
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The German economy is the largest in Europe and is often called as the economic powerhouse of the continent.Germany has recovered strongly since the reunification of East and West Germany in 1990 and by most measures is a success story. Deutsche Banks’s David Folkerts-Landau ,Group Chief Economist and Stefan Schneider,Chief German Economist recently published a detailed …
Continue reading ‘The Foundations of German Economy’s Success in 7 Charts’ »
Stock market participation varies across countries. In some countries such as the US the participation rate is high while in others such as frontier countries the rate is very low. Among developed countries, Germany has one of the lowest stock market participation rates. According to a recent article, just over 9 million of Germans owned …
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German utility giant E.ON. AG (EONGY) recently spun off its fossil fuel business into a separate company called Uniper SE. US investors in E.ON may wonder if they will receive shares in Uniper. Here is some background info on Uniper: Since January 1, 2016, new E.ON and Uniper have been operating as separate legal entities. …
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In most developed countries interest rates offered by banks on savings accounts these days are pretty much next to nothing. Germany is no exception. Not only is the interest rate zero some German banks have started charging depositors with high cash balances in their accounts. Most savers around the world including Germans would agree paying a …
Continue reading ‘On the Composition of Assets of German Households’ »