Wie geh es Ihnen, Germany? (How are you doing, Germany?)

Aug. 22, 2008 - PRLog -- Wie geh es Ihnen, Germany? (How are you doing, Germany?)


By Robin Trehan, B.A, MIB, MBA electronic business.

Wie geh es Ihnen, Germany? Germany has been our closest ally both on economic and political front. The relationship with Germany over many decades has been like a glass of “Beer”. Beer has some bubbles, some intoxication but basically smooth like water. Similarly, our relations with Germany are with some tribulations but basically they are very good and lot of intoxication and love for each other.

Germany, which is one of the founding member and pillar for European Union, has been also a key trading partner to US for decades. The United States is Germany's second-largest trading partner with two-way trade in goods and services totaled $88 billion in 2000 and it has since than continue to grow. Germany has also actively participation in NATO led forces and continues to be a key ally of US, war on terror.

Germany GDP per capita was $29.700 (2005) and GNI per capita: US $34,580 (World Bank, 2006). It is the world's third largest economy in USD exchange rate terms, the fifth largest by purchasing power parity PPP) and the largest economy in Europe. German companies like BMW, Bosch, DaimlerChrysler, Porsche, SAP, Siemens, Henkel and Merck are household’s names across the world.

German has also has a great cultural heritage as being the birthplace Johann Sebastian Bach, Johannes Brahms and Ludwig van Beethoven. Germany’s gift to European classical music is colossal while Goethe, Nietzsche, Kant and Brecht are giants in the world of letters and philosophy.

Present day, Germany is a global power and is architect of European Union policies. The future of European Union growth is tied to economic growth of Germany and France. Germany economy is heavy export oriented, with export accounting for more than one –third of national output. Still there is a high unemployment rate of 12.1% (Jan 2006) and is one of the main concerns across German population, and it can have an effect on the stability of the European Union. Immigration from new members in the union is making it even much more difficult for to reduce the unemployment rate.

Germany has been trying to solve the problem of unemployment by taking measure to cure its inflexible labor market, revamping its social security system and making the investment climate less bureaucratic to promote business and entrepreneurial ship.

Germany is a strong campaigner for closer European Union economic integration. Its economic and commercial policies are increasingly determined by agreements among European Union (EU) members. The Franco-German Alliance is also taking a new meaning as the future of the Europe is very much dependent on the growth and prosperity of these two countries.

We hope to continue building our relationship with Germany in list of new Europe, said Robin Trehan

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