The German economic, party and political model has gone through serious changes over the last 15 years, first of all, due to large-scale reforms, initiated in 2003. These changes helped greatly in overcoming consequences of the global financial crisis of 2008–2010. Despite certain achievements, Germany still needs further reforms in various social and economic spheres. This collective monograph analyses different aspects of economy and politics of the modern Germany – one of the major partners of Russia in the EU and leader of the Western European integration. The modern Germany attracts attention of an interested reader as means of finding answers to questions on prospects of market model transformation, party and political mechanisms changes, ruling parties reaction to internal and external challenges and the German state quest for its place in the constantly changing globalizing world.