Thursday 23 August 2012

How Germany Became Europe's Richest Country


The Federal Republic of Germany is situated in central Europe and since the fall of the Berlin Wall and the collapse of communism in eastern Europe in 1990, both East and West Germany have been reunified.There is a wealth of accommodation in Germany to suit all travellers including budget lodging, travel lodges, bed and breakfast and luxury hotels. Places to visit in Germany are endless and there is something to suit everyone with sporting venues, museums, landmarks, monuments, festivals and quality shopping.
The country consists of 16 states, and its capital and largest city is Berlin. Germany covers an area of 357,021 square kilometres (137,847 sq mi) and has a largely temperate seasonal climate. With 81.8 million inhabitants, it is the most populous member state in the European Union. It is one of the major political powers of the European continent and a technological leader in many fields.
How Germany Became Europe's Richest Country ?
Some of the German people helps to Germany becomes Europe's richest coutry in following way,
The Restaurant Dionysos was packed on a recent night,heaping plates of Greek fare flying from kitchen to table.But at this eatery named for the God of wine,the drink of choice is German beer.The Greek-born owner spent years building this showcase of his homeland's cuisine for Frankfurt diners.But now the economic crisis in Greece and demands that Germany act as finacial backstop to Europe has him wishing his old home behaved a little bit more like his new one.

In Greece,it's a totally different world.In Germany, there's just more order and they do more work  .That work effect is forged at  best places like the Herrenknecht factory in Germany's booming Black Forest region. Owner and founder ,more than 4000 people work at here fromyoung apprentices learning to shape metal to master craftsmen constructing the subterranean.The secret to Germany's success lies in small-to-medium-sized family firms like this one that manufacture some highly specialized and indispensable piece of equipment.The Germans like to say,we make the thing,that goes inside the thing.In Herrenknecht's case,it's a very big thing.Some weigh thousands of tons.Projects from the Beijing subway to New York's Second Avenue line to a train bed  to travel under the Alps all exploit Herrenknecht's indispensable feature cutting head that can read just to any material on the spot.Most of Herrenknecht's $1.25 billion in sales are worldwide,helping make Germany an export power house. With just a quater of America's population and a quater of its GDP,Germany exports more than the United States in total.The 10- year old common European currency also helps. A third of Herrenknecht's sales go to other Eurozone countries, and  best pricing his machines in euros,rather than what economists say would be afar stronger deutsche mark,makes them more competitive abroad.


We have come to Germany to find out why it's doing so much better than it's European partners.And part of the reason can be found here, in the southwest state of Baden-Wurttemberg.The castle behind me may date from the 1700s, but economic model they have developed here is 21st century-plus.Just outside the state capital.Stuttgart,is another one of Baden-Wurttemberg's high performer,Trumpf.Customers from Harley-Davidson to Apple. The family -owned firm devotes 8 percent of revenues  more than half here in Germany.Like most German industries, Trumpf hires them young,after the equivalent of 10th grade, for a rigorous three-year traning and schooling program and a full-salary job afterward. Most stay far longer.And after college,paid for by the company,some go on to become managers. Instead, Trumpf turned to a new German program caalled Kurzarbeit,or short work,cutting its employee's work hours and pay. the government made up part of the difference.
That tension,hoe to shore up the euro zone on which Germany depends, without endangering its own hard-won prosperity is one the Geramans haven't yet resolved.

6 comments:

  1. Yes ..thats way Germany did work very well..

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  2. Its is very using information to improvement of the things in germany...

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  3. thank you for good information about Germany,even I wasnt know as a German,that we were the richest country in Europe......

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  4. Hello Mr. Tapa, That is a good article. worth reading.
    Thanks

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  5. thank you for giving good information about Germany..

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