Germany is a northern European democracy with a
population of over 82 million. Local stocks are traded on
the
Deutsche Boerse (German Stock Exchange) and are best represented by the DAX Index. Germany is home to
some of the world's top automotive and utilities companies.
It is part of the European Union and has adopted the European
Dollar (Euro) as its currency. Monetary policy is conducted through
the European Central Bank (ECB). The Euro currency is a free floating
and highly traded currency.
The Euro is gaining ground as a reserve currency along side
the US Dollar.