Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

8 of 10
BACKNEXT
Germany
GDP -2.5%
Inflation 1%
Unemployment 7.9%
Markets -11.9%
Gallon of gas $5.97
Interest Rates 1.5%

Challenges The German economy, which is Europe's biggest, slid into its deepest recession since World War II in the third quarter of 2008I. Officials say they don't expect to see any economic growth in 2009. The world's largest exporter has seen a rapid decline in industrial production as global demand for goods has fallen sharply.

Solutions The government launched a $642 billion financial sector bailout in October in an attempt to prop up the nation's banking system. Chancellor Angela Merkel's government launched a $25 billion stimulus initiative in November, followed by another $66 billion plan in January, both of which include tax relief and infrastructure investments.

See stats for all 10 countries

NEXT: China
Last updated March 30 2009: 8:02 AM ET
Sources: IMF, national statistics offices, central banks, DAX, AIRINC
More Galleries
Five most expensive cars sold at Pebble Beach These classic cars went for seven figure sums at the world's premier classic car event. More
Seats that move! Rain! Movie-watching goes beyond 3D How can movie theaters compete when many prefer to watch streaming video from their own comfy couches? Some hope a new interactive technology will lure audiences with immersive effects. More
15 cool cars for sale at Pebble Beach While these events are best known for seven-figure classics, just about everything crosses the block at Pebble Beach. More

Special Offer