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The Marshall Plan was only extended to Western Germany after it was realized the suppression of its economy was holding back the recovery of other European countries and was not the main force behind the Wirtschaftswunder. [16] [17] However, it likely greatly contributed to Germany's overall economic recovery. Furthermore, often overlooked is ...
[34] [35] As of April 2023, over 1.06 million refugees from Ukraine were recorded in Germany. [36] As of December 2023, Germany is the fourth largest economy in the world after the United States, China and Japan and the largest economy in Europe. It is the third largest export nation in the world. [16]
The economy of Germany indeed contracted in both the second and third quarters putting Germany now in a technical recession. [21] Although the idea was fought for a moment Angela Merkel and the German government approved a €50 billion strong rescue plan to protect the German economy of the crisis, making of it Western Europe's biggest rescue ...
Trade unions in Germany have a history reaching back to the German revolution in 1848, and still play an important role in the German economy and society. In 1875 the SPD, the Social Democratic Party of Germany, which is one of the biggest political parties in Germany, supported the forming of unions in Germany. [ 61 ]
Germany imported 55% of its natural gas supply from Russia when the country invaded Ukraine in February 2022. Russia was also Germany’s primary source of oil and coal imports.
This type of action to help the German economy had been prohibited by the directive. In 1947, the Marshall Plan , initially known as the "European Recovery Program" was initiated. In the years 1947–1952, some $13 billion of economic and technical assistance – equivalent to around $140 billion in 2017 – were allocated to Western Europe.
Diplomatic relations between Ukraine and Germany originally were established in 1918 as between Ukrainian People's Republic and German Empire, but were discontinued soon thereafter due to occupation of Ukraine by the Red Army. Current relations were resumed in 1989 at a consulate level, and in 1992 as full-scale diplomatic mission.
The Works Progress Administration (WPA; from 1935 to 1939, then known as the Work Projects Administration from 1939 to 1943) was an American New Deal agency that employed millions of jobseekers (mostly men who were not formally educated) to carry out public works projects, [1] including the construction of public buildings and roads.