Saturday, August 12, 2006

German economic hegemony

The following is an excerpt from an article dated 9th August titled Economic Hegemony from Berlin by German-Foreign-Policy.Com, linked here: In the future Germany's leading economic position in the EU will continue to be fortified at the expense of the other member states. According to data from the French Observatory for Economic Conjunctures, OFCE, since 1995 German products in the Euro-zone have been able to increase their share of the market from 25.3 to 27 percent. During the same period Italy's share of the market went from 13 to 10.6 percent, and France's sank from 17.2 on 14.5 percent.[7] Germany is attaining an undisputed economic hegemony.


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