Wednesday 22 February 2017

Analysis of Germany

Germany covers a region of about 137, 847 square miles which consists of 134, 836 square miles of land and 3, 011 square miles of water. Germany is classified as the 7th largest country in Europe and it is centrally located in the European continent. It shares borders with Denmark, Poland, Austria, Switzerland, Czech Republic, France, Luxembourg, Belgium and Netherlands. This central location makes the German market highly suitable for both local and foreign businesses. Climate. Germany has a temperate climate which is seasonal and dominated by the westerly winds.

Market Analysis of Germany

Germany economy is ranked third largest in the world after U. S and Japan. It is the best in Europe and accounts for more than 20 percent of EU's Gross Domestic Product. Being one of the most industrialized nations in the world, its market is highly favorable for both local and foreign trade and  investments. Strong health labor relations, a good fiscal policy and increased FDI investments are the major contributors to the strong economic drive over the years. Germany's federal government has implemented major reforms and funding programs in order to facilitate a friendly business environment.