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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 ]
German companies exported goods worth over €1 trillion ($1.3 trillion), the highest figure in history. The number of people in work has risen to 41.6 million, the highest recorded figure. [87] Through 2012, Germany's economy continued to be stronger relative to local neighbouring nations. [88]
Germany remains one of the economic powerhouses of Europe, contributing about 1/4 of the eurozone's annual gross domestic product. In the early 2010s, Germany played a critical role in trying to resolve the escalating euro crisis, especially concerning Greece and other Southern European nations.
The English word Germany derives from the Latin Germania, which came into use after Julius Caesar adopted it for the peoples east of the Rhine. [13] The German term Deutschland, originally diutisciu land ('the German lands'), is derived from deutsch (cf. Dutch), descended from Old High German diutisc 'of the people' (from diot or diota 'people'), originally used to distinguish the language of ...
The German government on Wednesday slashed its 2025 growth forecast for the country's economy, Europe's biggest, to just 0.3% after it shrank for two consecutive years. The new projection is much ...
Germany is stuck in a deep economic crisis amid a structural break that the country’s leading industry lobby predicts will lead to the most protracted downturn since reunification nearly 35 ...
29 languages. العربية ... English. Read; Edit; View history; Tools. ... Pages in category "Economic history of Germany" The following 39 pages are in this ...
Last year, Germany was the only major economy to shrink by 0.3% despite slowing inflation. It has stagnated into the current year, staggering “between hope and despair,” ING Bank said.