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47 relations: Administrative divisions of East Germany, Bebelplatz, Berlin, Black market, Central bank, Clearing (finance), Comecon, Council of Ministers of East Germany, Deutsche Bundesbank, Deutsche Kreditbank, Deutsche Mark, Dresdner Bank, Duty-free shop, East German mark, East Germany, Eastern Bloc, Exchange rate, Exchange-rate regime, Foreign currency account, Foreign exchange controls, Foreign exchange market, Foreign-exchange reserves, Forum check, German reunification, Giro, Greta Kuckhoff, Hard currency, Interest, Interest rate, Intershop, Margarete Wittkowski, Moscow, Neoclassical architecture, Precious metal, President, Privately held company, Restitution, Rocco Forte, Run Lola Run, Savings account, Security (finance), Socialist Unity Party of Germany, State-owned enterprise, Travel visa, Treuhandanstalt, Volkseigener Betrieb, West Germany.
Administrative divisions of East Germany
The administrative divisions of the German Democratic Republic (commonly referred to as East Germany) were constituted in two different forms during the country's history.
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Bebelplatz
The Bebelplatz (formerly colloquially Opernplatz) is a public square in the central Mitte district of Berlin, the capital of Germany.
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Berlin
Berlin is the capital and the largest city of Germany, as well as one of its 16 constituent states.
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Black market
A black market, underground economy, or shadow economy is a clandestine market or transaction that has some aspect of illegality or is characterized by some form of noncompliant behavior with an institutional set of rules.
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Central bank
A central bank, reserve bank, or monetary authority is an institution that manages a state's currency, money supply, and interest rates.
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Clearing (finance)
In banking and finance, clearing denotes all activities from the time a commitment is made for a transaction until it is settled.
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Comecon
The Council for Mutual Economic Assistance (English abbreviation COMECON, CMEA, or CAME) was an economic organization from 1949 to 1991 under the leadership of the Soviet Union that comprised the countries of the Eastern Bloc along with a number of communist states elsewhere in the world.
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Council of Ministers of East Germany
The Council of Ministers (German: Ministerrat der Deutschen Demokratischen Republik) was the chief executive body of the German Democratic Republic from November 1950 until the country was unified with the Federal Republic of Germany on 3 October 1990.
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Deutsche Bundesbank
The Deutsche Bundesbank is the central bank of the Federal Republic of Germany and as such part of the European System of Central Banks (ESCB).
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Deutsche Kreditbank
Deutsche Kreditbank (DKB) is a German Direct bank, fully owned by the Bayerische Landesbank.
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Deutsche Mark
The Deutsche Mark ("German mark"), abbreviated "DM" or, was the official currency of West Germany from 1948 until 1990 and later the unified Germany from 1990 until 2002.
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Dresdner Bank
Dresdner Bank AG was one of Germany's largest banking corporations and was based in Frankfurt.
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Duty-free shop
Duty-free shops (or stores) are retail outlets that are exempt from the payment of certain local or national taxes and duties, on the requirement that the goods sold will be sold to travelers who will take them out of the country.
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East German mark
The East German mark (German), commonly called the eastern mark in West Germany and after the reunification), in East Germany only Mark, was the currency of the German Democratic Republic (East Germany).
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East Germany
East Germany, officially the German Democratic Republic (GDR; Deutsche Demokratische Republik, DDR), existed from 1949 to 1990 and covers the period when the eastern portion of Germany existed as a state that was part of the Eastern Bloc during the Cold War period.
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Eastern Bloc
The Eastern Bloc was the group of socialist states of Central and Eastern Europe, generally the Soviet Union and the countries of the Warsaw Pact.
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Exchange rate
In finance, an exchange rate is the rate at which one currency will be exchanged for another.
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Exchange-rate regime
An exchange-rate regime is the way an authority manages its currency in relation to other currencies and the foreign exchange market.
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Foreign currency account
Foreign Currency Account (FCA) is a transactional account denominated in a currency other than the home currency and can be maintained by a bank in the home country (onshore) or a bank in another country (offshore).
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Foreign exchange controls
Foreign exchange controls are various forms of controls imposed by a government on the purchase/sale of foreign currencies by residents or on the purchase/sale of local currency by nonresidents.
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Foreign exchange market
The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies.
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Foreign-exchange reserves
Foreign-exchange reserves (also called forex reserves or FX reserves) is money or other assets held by a central bank or other monetary authority so that it can pay if need be its liabilities, such as the currency issued by the central bank, as well as the various bank reserves deposited with the central bank by the government and other financial institutions.
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Forum check
Forum checks (Forumscheck) were a form of hard currency in East Germany.
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German reunification
The German reunification (Deutsche Wiedervereinigung) was the process in 1990 in which the German Democratic Republic (GDR, colloquially East Germany; German: Deutsche Demokratische Republik/DDR) became part of the Federal Republic of Germany (FRG, colloquially West Germany; German: Bundesrepublik Deutschland/BRD) to form the reunited nation of Germany, and when Berlin reunited into a single city, as provided by its then Grundgesetz (constitution) Article 23.
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Giro
A giro, or giro transfer, is a payment transfer from one bank account to another bank account and instigated by the payer, not the payee.
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Greta Kuckhoff
Greta Kuckhoff (December 14, 1902 – November 11, 1981) was a member of the German Resistance group, the Red Orchestra during the Nazi era.
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Hard currency
Hard currency, safe-haven currency or strong currency is any globally traded currency that serves as a reliable and stable store of value.
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Interest
Interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (i.e., the amount borrowed), at a particular rate.
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Interest rate
An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited or borrowed (called the principal sum).
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Intershop
Intershop was a chain of government-run retail stores in the German Democratic Republic (GDR, East Germany) in which only hard currencies (and later Forum checks) could be used to purchase high-quality goods.
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Margarete Wittkowski
Margarete "Grete" Wittkowski (18 August 1910 - 20 October 1974) was a German economist and politician (KPD / SED).
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Moscow
Moscow (a) is the capital and most populous city of Russia, with 13.2 million residents within the city limits and 17.1 million within the urban area.
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Neoclassical architecture
Neoclassical architecture is an architectural style produced by the neoclassical movement that began in the mid-18th century.
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Precious metal
A precious metal is a rare, naturally occurring metallic chemical element of high economic value.
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President
The president is a common title for the head of state in most republics.
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Privately held company
A privately held company, private company, or close corporation is a business company owned either by non-governmental organizations or by a relatively small number of shareholders or company members which does not offer or trade its company stock (shares) to the general public on the stock market exchanges, but rather the company's stock is offered, owned and traded or exchanged privately.
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Restitution
The law of restitution is the law of gains-based recovery.
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Rocco Forte
Sir Rocco Giovanni Forte, FCA, FIoD (born 18 January 1945) is an English hotelier and the chairman of Rocco Forte Hotels.
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Run Lola Run
Run Lola Run (Lola rennt) is a 1998 German thriller film written and directed by Tom Tykwer, and starring Franka Potente as Lola and Moritz Bleibtreu as Manni.
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Savings account
A savings account is a deposit account held at a retail bank that pays interest but cannot be used directly as money in the narrow sense of a medium of exchange (for example, by writing a cheque).
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Security (finance)
A security is a tradable financial asset.
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Socialist Unity Party of Germany
The Socialist Unity Party of Germany (Sozialistische Einheitspartei Deutschlands, SED), established in April 1946, was the governing Marxist–Leninist political party of the German Democratic Republic from the country's foundation in October 1949 until it was dissolved after the Peaceful Revolution in 1989.
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State-owned enterprise
A state-owned enterprise (SOE) is a business enterprise where the state has significant control through full, majority, or significant minority ownership.
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Travel visa
A visa (from the Latin charta visa, meaning "paper which has been seen") is a conditional authorization granted by a country to a foreigner, allowing them to enter, remain within, or to leave that country.
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Treuhandanstalt
The Treuhandanstalt ("Trust agency"), colloquially referred to as Treuhand, was an agency established by the government of the German Democratic Republic to reprivatize / privatize East German enterprises, Volkseigene Betriebe (VEBs), prior to the German reunification.
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Volkseigener Betrieb
The Publicly Owned Operation (Volkseigener Betrieb; abbreviated VEB) was the main legal form of industrial enterprise in East Germany.
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West Germany
West Germany is the common English name for the Federal Republic of Germany (FRG; Bundesrepublik Deutschland, BRD) in the period between its creation on 23 May 1949 and German reunification on 3 October 1990.
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References
[1] https://en.wikipedia.org/wiki/Staatsbank
