Van Eck Global has launched the Market Vectors Germany Small-Cap ETF, which the firm says is the first exchange-traded fund dedicated solely to Germany. Van Eck also notes that Germany is Europe’s largest and the world’s fourth-largest economy. Germany’s GDP grew 3.6% in 2010.

Van Eck also noted that Germany’s unemployment rate in 2010 was at the lowest since 1992 and that small industrial companies dominate its economy.

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