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  • A New Austrian Coin Trick
    Hot tip for German investors: an Austrian silver coin that can be smuggled legally. It's music to the ears of Germans who bank in Austria. But how long can the party last? pro aurum Have room in the trunk for 6,000 of these? The object of desire is 37
  • Video: Latex, couture at Berlin Fashion Week
    Taking fashion underground. Berlin Fashion Week goes down into the city's metro - for a catwalk show with a difference. Once a year, young, independent fashion designers and labels present their new collections - inside an underground train. --Reuters
  • British Court Recognizes Prenups
    Agreement was signed in Germany but Radmacher and Granatino, a French citizen, married in London Published on July 04, 2009 by OfficialWire NewsDesk (OfficialWire) LONDON, ENGLAND A British appeals court has ruled prenuptial agreements should be used to
  • Seven Turkish citizens die in traffic accident in Bulgaria
    Sofia - Seven Turkish citizens, including a 12-year-old child, died on Saturday in a traffic accident near the south-eastern Bulgarian town of Svilengrad, the Interior Ministry reported. The victims, who were traveling via minibus from Germany to Turkey,
  • Germany: Porsche considers more Zuffenhausen cuts
    Porsche is considering additional production cuts at its Zuffenhausen plant in Germany, according to Reuters, citing unnamed sources. The plant builds the 911 Carrera. Porsche is investing millions of... This content is available to members only
  • British embassy staff to be released, says Iranian ambassador
    Tehran - Iran's ambassador to Germany has voiced hope that the two detained Iranian staffers of the British embassy in Tehran would soon be released, official news agency IRNA reported Saturday. IRNA quoted Ali-Reza Sheikh-Attar as saying that, after the
  • Ecuador: Continental boosts stake in ERCO
    Continental Tire North America (CTNA) has increased its stake in Compania Ecuatoriana del Caucho S.A. (ERCO) to an unspecified majority share. The German supplier acquired a 42% stake in ERCO in 1987 ... This content is available to members only
  • Austrian Airlines to cut 1,000 jobs by mid-2010
    VIENNA ? Austrian Airlines, the ailing carrier due to be taken over by Germany's Lufthansa AG, said Thursday it will cut about 1,000 jobs by mid-2010 as part of an effort to boost its competitiveness. In a statement, the airline said the downsizing
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As Western Europes richest and most populous nation, Germany remains a key member of the continents economic, political, and defense organizations. European power struggles immersed the country in two devastating World Wars in the first half of the 20th century and left the country occupied by the victorious Allied powers of the US, UK, France, and the Soviet Union in 1945. With the advent of the Cold War, two German states were formed in 1949: the western Federal Republic of Germany (FRG) and the eastern German Democratic Republic (GDR). The democratic FRG embedded itself in key Western economic and security organizations, the EC and NATO, while the communist GDR was on the front line of the Soviet-led Warsaw Pact. The decline of the USSR and the end of the Cold War allowed for German unification in 1990. Since then Germany has expended considerable funds to bring eastern productivity and wages up to western standards. In January 1999, Germany and 10 other EU countries formed a common European currency, the euro.

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