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Germany
Germany
German Chancellor Angela Merkel speaks to the media to announce a government financial support plan for the country's banks on October 13, 2008 in Berlin, Germany.
GDP: 1.85%
Inflation: 2.94%
Unemployment: 7.43%
Markets: -41.12%
Gallon of gas: $8.58
Interest Rates: 3.25%


The German economy, which is Europe's biggest, slid into recession in the third quarter when its GDP contracted by 0.5%. And officials say that they don't expect to see any economic growth in 2009. Consumer confidence index is actually in negative territory, at -53.5, compared with an historical average of 27.1. The government hopes a $642 billion bailout will support the nation's banking system.

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NEXT: Iceland
Last updated November 14 2008: 9:27 AM ET
Sources: IMF, national statistics offices, central banks, stock exchanges, AIRINC
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