Germany Economy

Being at the economic centre of Europe, Germany’s economy is the world’s third biggest and is regarded as one of the most advanced economies; it is strong, competitive and export-oriented and it has far-reaching effects outside Germany, especially in relation to other EU countries as well as central and eastern Europe.

The German economy is currently in a state of recovery, but is still far from operating at full strength. Unemployment in Germany has decreased over the past few years, although it still is relatively high.

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