Germany is a parliamentary republic in West-Central Europe, and although it functions as one unified and sovereign state, it is actually comprised of 16 states that form a republic, much like the U.S. or Australia. It borders on Denmark, the Baltic Sea and the North Sea, Holland and Belgium to the west, France to the southwest, Switzerland, Luxembourg, Lichtenstein and Austria to the south, and the Czech Republic and Poland to the east. Its location, as well as the powers active in the region throughout history, have made Germany an economic, cultural and social superpower. It is currently considered the most powerful nation in Europe, its largest economy and fourth largest globally.
The capital Berlin, is again the nationwide capital after the reunification of East and West Germany. The official language is German but locals are generally also proficient in English. The population is 81.8 million. Its rich and complex history is closely entwined in the history of the European continent and of the entire world. Various iconic historical chapters of Germany’s past include the settlement of Germanic tribes in the region, the days of the Roman Empire there, the Prussian Empire, and of course World War I and II, both of which were initiated by Germany and shocked both the country and the rest of the world.For Viewing Germany in Google Maps - Click Here
Germany has a social market economy based on principles of free trade and capitalism, but also tempered by social-democratic tenets. The German work force is considered particularly skilled and the economy in general is transparent, efficient, innovative and with very little corruption. GDP is 3.2 trillion USD and per capita income is 40,000 USD. The German reunification, although already many years in the past, is still evident in the division of East and West Germany, and its central government invests great efforts to rehabilitate the eastern regions in terms of infrastructure, society and economy. As stated, it has the strongest and largest economy in Europe and fourth largest in the world. The services sector contributes the most of all local sectors to GDP, although industry and even agriculture are still significant revenue generators.
Germany is a leader in innovation and initiatives in the EU, so naturally the local currency is the euro. As a full EU member state and a great influencing force within it, the German economy is greatly dependent on trade agreements with its neighbors. Also, this innovative and well-organized state exports goods and services to dozens of destinations. Establishing a company in Germany is a clear and structured process with many financial and operative advantages for business activities with the EU and the world. Beyond its membership in the EU, Germany is also a member of the OECD and the EFTA (European Free Trade Association).
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