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Germany is a member of NATO, the OECD, the G7, the G20, the World Bank and the IMF. It has played an influential role in the European Union since its inception and has maintained a strong alliance with France and all neighbouring countries since 1990. Germany promotes the creation of a more unified European political, economic and security ...
Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south, and Asia to the east. Europe shares the landmass of Eurasia with Asia, and of Afro-Eurasia with both Asia and Africa.
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. [5] The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA ...
Luxembourg is a representative democracy headed by a constitutional monarch, Grand Duke Henri, making it the world's only remaining sovereign grand duchy . Luxembourg is a developed country with an advanced economy and one of the world's highest GDP (PPP) per capita as per IMF and World Bank estimates.
European seaports are categorized as international, community, or regional. The Port of Rotterdam is the busiest in the EU, and the world's largest seaport outside of East Asia, located in and near the city of Rotterdam, in the province of South Holland in the Netherlands.
Kosovo, [a] officially the Republic of Kosovo, [b] is a country in Southeast Europe with partial diplomatic recognition. Kosovo lies landlocked in the centre of the Balkans, bordered by Serbia to the north and east, North Macedonia to the southeast, Albania to the southwest, and Montenegro to the west. Most of central Kosovo sits on the plains ...
On a per-capita basis, Norway is the world's largest producer of oil and natural gas outside of the Middle East. The country has the fourth- and eighth-highest per-capita income in the world on the World Bank's and IMF's list, respectively. It has the world's largest sovereign wealth fund, with a value of US$1.3 trillion.
The World Bank classifies the world's economies into four groups, based on gross national income per capita: high, upper-middle, lower-middle, and low income countries. Least developed countries, landlocked developing countries and small island developing states are all sub-groupings of developing countries.