The German capital market is not as developed as the economy. German companies account for 2,42% of the FTSE All-World index. It is worth noting that Germany's share in world GDP is over 4%.

Germany has a EUR 45 billion surplus after the first half of 2019. It is much more than experts or even the government estimates. The surplus is not surprising, however, Germany has been ending its financial year in the black for six years. [...]