Subtitles section Play video Print subtitles Since the fall of the Berlin Wall 25 years ago, Germany has established itself as Europe’s largest economy. But their economy is also starting to show some signs of decline, and there are fears that this could lead to a recession. So what impact is this dip having on Germany? And how powerful is the country overall? Well, the short answer is they are very powerful, with some potentially growing weaknesses. For one thing, German may have to cut back on their military. They currently have the world’s 7th strongest military force, employing 183,000 active troops. That’s behind other European countries like France and the UK, and quite a ways behind the USA and China, but it’s still a sizable amount. They’re also at the forefront of developing military technology. The problem is that maintaining this military and developing new technology is an expensive endeavor that Germany may not be able to afford. According to a recent leaked report, “Only one of [Germany’s] four submarines is operational” and “just seven of the German Navy’s fleet of 43 helicopters are flightworthy.” They’ve also had problems with broken down aircrafts. This recently stopped troops from returning home from Afghanistan and hindered the nation’s effort to join the fight against both ISIS and Ebola. German defense minister Ursula von der Leyen has admitted that the country’s military is facing equipment shortages so severe that it cannot meet its NATO commitments, which could be a serious blow to their status in Europe. So, why is the largest economy in the EU unable to afford something as simple as vehicle repairs? Well, their economic growth has slowed for a number of reasons. They have Europe’s most ambitious renewable energy plan, which has yet to offer any clear financial returns. They’ve also had slower export growth in China than expected, and are unable to continue their normal trade with Russia because of sanctions. Germany is reportedly losing over $100 million euros this year alone, due to a now-canceled arms deal with Russia. Despite all of that, Germany’s economy is still strong and they have enormous political power. They’re a founding member of the EU, a contributing member of NATO, and they’re extremely active in the United Nations. So, even if Germany were to find itself in a recession, it would still maintain its political place as the leading power in Europe. It would just have to tighten its belt a bit, to stay there financially. If you'd like to know more about the power that other countries have, like India or North Korea, go check out our The Strength of Nations Playlist Thanks for watching and please subscribe.
B1 germany military economy europe german nato How Powerful is Germany? 1004 80 Cheng-Hong Liu posted on 2014/12/06 More Share Save Report Video vocabulary