opened the way to strengthen the European Parliament.
The economy in Germany is the strongest in Western Europe and is an important member of the European Union. Germany has been an essential player in the drive toward European Monetary Union. In January of 1999, Germany qualified for monetary union and the single European currency. Germany also exports 46.4 percent of total exports to members of the European Union.
The Federal Republic of Germany remains committed to supporting the development and expansion of the European Union. Germany continues to support the idea that a strong European Union means economic growth and development for Europe.
The balance of payments takes a look at the current accounts of a particular country. This is an indicator of the financial stability of a country. According to the Central Bank of the Federal Republic of Germany, there has been noted improvement
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