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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 ]
The economic policies were heavily oriented toward the world market, and the export sector continued to be very strong. [12] Prosperity was pulled along by exports that reached a record of $1.7 trillion US dollars in 2011, or half of the German GDP, or nearly 8% of all of the exports in the world.
The Franco-German friendship became the basis for the political integration of Western Europe in the European Union. In 1998–1999, Germany was one of the founding countries of the eurozone. Germany remains one of the economic powerhouses of Europe, contributing about 1/4 of the eurozone's annual gross domestic product.
Germany is a member of the European Union and the Eurozone. Germany maintains a network of 229 diplomatic missions abroad and holds relations with more than 190 countries. [28] It is the largest contributor to the budget of the European Union (providing 27%) and third largest contributor to the United Nations (providing 8%).
As of 2013, Germany is the third-largest exporter and third-largest importer in the world, producing the largest trade surplus as a national economy. The German economy practically stagnated in the beginning of the 2000s. The worst growth figures were achieved in 2002 (+1.4%), in 2003 (+1.0%), and in 2005 (+1.4%). [76]
The collapse of Germany's governing coalition and President-elect Donald Trump's imminent return to the White House are creating new risks for the European Union's biggest economy, already in a ...
Economic history of Germany by city (1 C) 0–9. Economy of the Holy Roman Empire (4 C, 17 P) Economy of Prussia (1 C, 15 P) Economy of the German Empire (1 C, 12 P)
This is a timeline of German history, comprising important legal and territorial changes and political events in Germany and its predecessor states. To read about the background to these events, see History of Germany. See also the list of German monarchs and list of chancellors of Germany and the list of years in Germany