GERMAN GOVERNMENT ECONOMIC ACCOMPLISHMENT OF THE TARGET POINTS AS REQUIRED BY THE EUROPEAN UNION MONETARY POLICY, INSPITE OF THE RECESSION EARNED GERMANY THE NAME EUROPE'S ECONOMIC GIANT.

Despite the German government announcement to meet the target points from (4.5%) four point five percent to (3%) three percent in the budget dificit and loan reduction in the next year as required by the European Union monetary policy,inspite of the recession has earned Germany the nickname of Europe's economic giant. Other issues such as the increase in number of the old population compared to the decrease in number of the youth attributed to low birth rate among the population may have resulted in the government's change in policy to open doors for skilled and highly educated immigrants at an annual rate of around two hundred thousand immigrants and the unprecedented recognition of foreign certificates and qualification for studies and work eligibility to halt the predicted skilled workers crisis in German industries, due to the low birth rate and skilled workers deficiency.

Written by Godfrey Ohia.