GERMANY

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Germany  officially the Federal Republic of Germany  is a country in Central and Western Europe. Covering an area of 357,022 square kilometres (137,847 sq mi), it lies between the Baltic and North seas to the north, and the Alps to the south. It borders Denmark to the north, Poland and the Czech Republic to the east, Austria and Switzerland to the south, and France, Luxembourg, Belgium and the Netherlands to the west.

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Germany has a social market economy with a highly skilled labour force, a low level of corruption, and a high level of innovation. It is the world’s third largest exporter of goods, and has the largest national economy in Europe which is also the world’s fourth largest by nominal GDP and the fifth by PPP. Its GDP per capita measured in purchasing power standards amounts to 121% of the EU27 average (100%). The service sector contributes approximately 69% of the total GDP, industry 31%, and agriculture 1% as of 2017. The unemployment rate published by Eurostat amounts to 3.2% as of January 2020, which is the fourth-lowest in the EU.

Germany is part of the European single market which represents more than 450 million consumers. In 2017, the country accounted for 28% of the Eurozone economy according to the International Monetary Fund.Germany introduced the common European currency, the Euro, in 2002. Its monetary policy is set by the European Central Bank, which is headquartered in Frankfurt.

Being home to the modern car, the automotive industry in Germany is regarded as one of the most competitive and innovative in the world, and is the fourth largest by production. The top 10 exports of Germany are vehicles, machinery, chemical goods, electronic products, electrical equipments, pharmaceuticals, transport equipments, basic metals, food products, and rubber and plastics.Germany is one of the largest exporters globally.

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Germany–Turkey relations

German–Turkish relations have their beginnings in the times of the Ottoman Empire and have culminated in the development of strong bonds with many facets that include economic, military, cultural and social relations. With Turkey as a candidate for the European Union, of which Germany is the 2nd biggest member, and the existence of a huge Turkish diaspora in Germany, these relations have become more and more intertwined over the decades. Relations with Turkey significantly deteriorated after the 2016–17 Turkish purges  including the arrest of journalists such as Die Welts Deniz Yücel.

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