Table: Postwar Germany

Its economic prowess once drove European growth. Steady expansion ended in the '80s; growth since then has been fitful

SEPTEMBER, 1949

Federal Republic of Germany founded: Christian Democrat Konrad Adenauer elected Chancellor. Beginning of economic miracle years.

JULY, 1953

Uprising against Soviet forces in East Germany. Refugees pour into West Germany.

MARCH, 1957

Germany becomes a charter member of the European Economic Community.

AUGUST, 1961

Berlin Wall erected.

1960-1969

German exports boom: Auto industry flourishes.

OCTOBER, 1969

Willy Brandt heads first Social Democrat government in West Germany. Welfare state takes off.

1968-1977

Baader-Meinhof gang targets German corporate bosses.

1973-1975

Arab oil crisis hits economy.

OCTOBER, 1982

Helmut Kohl returns Christian Democrats to power. Cruise Missile Crisis.

NOVEMBER, 1989

Fall of Berlin Wall.

OCTOBER, 1990

German unification takes place.

SEPTEMBER, 1992

Kohl backs European Monetary Union.

1991-1999

Bundesbank's tight-money policy chokes growth.

APRIL, 1998

Daimler-Benz makes corporate history by acquiring U.S. carmaker Chrysler Corp.

SEPTEMBER, 1998

Gerhard Schröder of the Social Democrats elected Chancellor.

JANUARY, 1999

Launch of the euro: Bundesbank cedes control over German interest rates.

1999-2001

Schröder initiates reforms in taxes, pensions. Growth recovers.

APRIL, 2000

The index for the Neuer Markt, Europe's top high-tech bourse, starts to plummet.

SUMMER, 2001

German growth decelerates sharply.

SEPTEMBER, 2001

World Trade Center Attack: Schröder pledges full support for the U.S.

Data: BusinessWeek

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