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States GRDP (bil. EUR€) Germany 4,121.160 North Rhine-Westphalia 839.084 Bavaria 768.469 Baden-Württemberg 615.071 Lower Saxony 363.109 Hesse 351.139 Berlin 193.219
With 90 percent of its turnover generated in Germany, namely at the two trading venues Xetra and Börse Frankfurt, the Frankfurt Stock Exchange is the largest of the seven regional securities exchanges in Germany. [2] The trading indices are DAX, DAXplus, CDAX, DivDAX, LDAX, MDAX, SDAX, TecDAX, VDAX and EuroStoxx 50. [4]
In the wake of the 2007 financial crisis Germany's stock of gross financial assets increased significantly, turning it into the second largest stock among OECD countries after the US. [1] Yet research has shown that the more that the government owns of an enterprise, the more extreme the level of tax avoidance.
And while revenues for Fortune 500 Europe companies declined last year, profits for businesses on the list increased by 12.2%. “Germany has shown in the past that it can survive a crisis and ...
The year 1989 was the last year of the West German economy as a separate and separable institution. From 1990 the positive and negative distortions generated by German reunification set in, and the West German economy began to reorient itself toward economic and political union with what had been East Germany.
The Federal Republic of Germany is a federation and consists of sixteen partly sovereign states. [a] Of the sixteen states, thirteen are so-called area-states ('Flächenländer'); in these, below the level of the state government, there is a division into local authorities (counties and county-level cities) that have their own administration.
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Manufacturing employment fell by 35% in the space of 10 years at the start of this century, having already experienced a significant decline between the 1970s and 2000.