Not all of em, but their backing currency has depreciated quite a bit lately. Germany's actually doing pretty decent last I checked even despite their debt...though they're also a constitutional republic and they've always had a pretty strong economic base. The thing about the European Union is it functions under what's Called Convergence Theory. Which is where a bunch of smaller countries with different governmental systems band together in order to create an overall better quality of life for citizens.
But enough of me spamming you with econ mumbo jumbo. Have some tasty news from the Huffington Post.
http://www.huffingtonpost.com/2012/02/15/countries-in-debt_n_1278711.html#slide=698317
Anywho, moral of this discussion is Germans are tough.
Edit: Ooh, I've been looking for this for a while.
So the way all of this is determined is by GDP, which is the Value of all goods and services created by a country's market in a given year.
The problem with looking at charts is you have two different kinds of Gross Domestic Product, Nominal and Real. The Nominal Gross Domestic Product measures the value of all the goods and services produced expressed in current prices. These look pretty on paper, but to the standard reader you're just basically looking at a bunch of numbers with nothing to base them on.
On the other hand, Real Gross Domestic Product measures the value of all the goods and services produced expressed in the prices of some base year. An example: Suppose in the year 2000, the economy of a country produced $100 billion worth of goods and services based on year 2000 prices. Since we're using 2000 as a basis year, the nominal and real GDP are the same. In the year 2001, the economy produced $110B worth of goods and services based on year 2001 prices. Those same goods and services are instead valued at $105B if year 2000 prices are used.
So that being said, the following link is the List of Countries by Real GDP Growth rate for 2012.
http://en.wikipedia.org/wiki/List_of_countries_by_real_GDP_growth_rate_(latest_year)
For the sake of reference, America on average (not just for 2012) grows at a 2% increase of GDP every year. Not a lot, but not in the negative. Having a Negative GDP is bad news bears. That means the rate of your Gross Domestic Product is increasing slower than the rate of your population. Which means the country for lack of a better word is... well... Eating itself Pizza the hutt style.
Edit edit: Another another thing I remembered. Here's another nifty piece of semi depressing trivia about the difference between Real and Nominal figures:
Did you know that America's unemployment rate is not the 8% it's advertised at? It's actually quite a bit higher.
8% would be considered a Nominal figure. However what this doesn't take into consideration is that only takes into account the people in the country who are actively searching for employment. When a person becomes discouraged from the job market and decides to quit their search for a job, they become what's called a Discouraged Worker. Discouraged workers are not included in the figure when determining a countries unemployment rate. So when you hear that America's unemployment rate is falling... Yeah. Might not be entirely true and could instead be a means to skew facts with sound bites that look good on a voting ballot.
Fun facts are fun.
...I might be a bit of an Econ geek. >.>
