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Yahoo! Deutschland

About Germany:
After two dreadful world wars that saw Adolf Hitler’s mercurial rise to power and subsequent crushing defeat, Germany surrendered to the will and power of the victorious Allied Forces.
The “Big Three” of the Allied Forces, composed of United States, USSR, and United Kingdom divided Germany into two zones – one adhering to the democratic principles of the Western world and the other to the Communist ideals of the USSR. The Federal Republic of Germany (FRG) or West Germany and the German Democratic Republic (GDR) or East Germany were officially recognized in 1949 as two separate states.
The recovery of Germany after WWII was slow and painful, losing as it did vital infrastructure during the war and grieving over their dead, which ran into millions. Moreover, the Allied Forces imposed stringent rules that included complete disarmament and demilitarization, destruction of Germany’s war capability, rigid control of industries, and decentralization of the political and economic structure.
The democratic FRG experienced its first sense of normalcy after WWII when German citizens were finally able to vote in free elections and choose new leaders. Germany’s new generation of leaders entered into strategic alliances with the North Atlantic Treaty Organization (NATO) for security and the then fledgling European Community, which later became the European Union, for economic cooperation.
Imbued with the same ingenuity and resourcefulness that brought it to the world stage of power, West Germany once more summoned the natural resource of its people to rebuild the country and reclaim its wealth and fortune with the assistance of the United States and rich neighbors in Europe.
In 1989, disintegration of the USSR and the end of the Cold War paved the way for the collapse of the Berlin Wall. The Berlin Wall had been, for nearly 30 years, the symbol of division between East and West Germany. It signaled the end of enmity between the two countries and allowed their smooth transition into unification the following year.
Despite the economic turmoil brought about by the global economic crisis that started in 2007, West Germany continues to help the East shore up its economy with massive infusion of funds. In 2008 alone, the West transferred $12 billion in funds to the East to help raise its productivity and bring wages up to Western standards.
Efforts to modernize and integrate the eastern German economy, where unemployment shoots up over 20% in certain municipalities, are costly and can take sometime before bearing fruit. Nevertheless, they remain to be a major priority of the central government even as it faces a major recession in its own backyard, its deepest in postwar years.
The Germany economy is forecasted to recover and grow to about 1.5% GDP for 2010, despite the relatively strong euro, tighter credit markets, and an expected spike in unemployment.