German economy was negatively impacted by the recession in the Euro zone in 2012.The GDP has grown slower and this will presumably not get better in 2013.The German government acted the leading role in overcoming the European debt crisis and bringing closer coordination of financial and economic policies within the Euro zone.The German government focused thereby on building better legal framework for fair competitions in the marketplace in order to restore macroeconomic balance and facilitate economic growth.While promoting the institutional reforms, the German government adhered to the principle of subsidiarity based on the Maastricht Treaty and opposed the attempt at establishing a "European Economic Government" with more centralized power.
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