Monday 14 November 2011

Germany and the euro crisis


Germany makes lots of profit out of the crisis. While european countrys like Italy and Greece are in a crisis, german firms and even the state still makes lots of profit. And thats because now people and the banks dont put their money in countrys like Spain or Greece, Germany became a safe place to put money in. In the picture you can see the euro sign in front of the european central bank in frankfurt.


 
German import and export:

 
As you can see on the graph, the blue one is for the import and the green one is for the export which means, because the green one is bigger than the blue one, Germany is making profit because they sell more things to other countrys than they have to buy.

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