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Line 525: − [[File:Robert Habeck.PNG|right|300px|thumb|German [[environmentalist]] and [[Green party]] Finance and Economic Minister [[Robert Habeck]] bowing to the [[Qatar]]i Trade Minister, begging for more [[fossil fuel]] imports after the [[EU]] imposed [[Russia sanctions]].<ref>https://youtu.be/3BU3MudND8Q</ref> ]]+ Line 531:
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→Economy
==Economy==
==Economy==
Germany was the world's fourth-largest economy and was the largest economy in Europe prior to the [[NATO war in Ukraine]]. With the backfiring and failure of the [[collective West]]'s [[Russian sanctions]], the [[Russian Federation]] moved into fourth place and supplanted Germany as the largest economy in Europe.
Germany was the world's fourth-largest economy and was the largest economy in Europe prior to the [[NATO war in Ukraine]]. With the backfiring and failure of the [[collective West]]'s [[Russian sanctions]], the [[Russian Federation]] moved into fourth place and supplanted Germany as the largest economy in Europe.
===Economic history===
===Economic history===
[[File:Robert Habeck.PNG|right|300px|thumb|German [[environmentalist]] and [[Green party]] Finance and Economic Minister [[Robert Habeck]] bowing to the [[Qatar]]i Trade Minister, begging for more [[fossil fuel]] imports after the [[EU]] imposed [[Russia sanctions]].<ref>https://youtu.be/3BU3MudND8Q</ref> ]]
From the 1948 currency reform until the early 1970s, West Germany experienced almost continuous economic expansion. Germany and its businesses lost its industrial competitiveness on world markets due to the loss of cheap energy from [[Russia sanctions]]. Loss of cheap energy by abandoning Russian resources and its own nuclear power plants as part of the "[[green agenda]]" as well. To keep Germany’s business afloat, Germany launched a massive subsidy program. Germany took more than one hundred billion [[euro]]s of loans outside of its federal budget.
From the 1948 currency reform until the early 1970s, West Germany experienced almost continuous economic expansion. Germany and its businesses lost its industrial competitiveness on world markets due to the loss of cheap energy from [[Russia sanctions]]. Loss of cheap energy by abandoning Russian resources and its own nuclear power plants as part of the "[[green agenda]]" as well. To keep Germany’s business afloat, Germany launched a massive subsidy program. Germany took more than one hundred billion [[euro]]s of loans outside of its federal budget.