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1.6228 (1994) note: on 1 January 1999, the European Union introduced a common currency that is now being used by financial institutions in some member countries at the rate of 0.8597 euros per US$ and a fixed rate of 1.95583 deutsche marks per euro; the euro will replace the local currency in consenting countries for all transactions in 2002 Fiscal year: calendar year Communications Telephones: 44 million Telephone system: Germany has one of the world's most technologically advanced telecommunications systems; as a result of intensive capital expenditures since reunification, the formerly backward system of the eastern part of the country has been modernized and integrated with that of the western part domestic: the region which was formerly West Germany is served by an extensive system of automatic telephone exchanges connected by modern networks of fiber-optic cable, coaxial cable, microwave radio relay, and a domestic satellite system; cellular telephone service is widely available and includes roaming service to many foreign countries; since the reunification of Germany, the telephone system of the eastern region has been upgraded and enjoys all of the advantages of the national system international: satellite earth stations--14 Intelsat (12 Atlantic Ocean and 2 Indian Ocean), 1 Eutelsat, 1 Inmarsat (Atlantic Ocean region), 2 Intersputnik (1 Atlantic Ocean region and 1 Indian Ocean region); 7 submarine cable connections; 2 HF radiotelephone communication centers; tropospheric scatter links Radio broadcast stations: AM 77, FM 1,621, shortwave 37, digital audio broadcasting 130 Radios: 47.1 million (1998 est.) Television broadcast stations: 9,513 (including repeaters) Televisions: 51.4 million (1998 est.) Transportation Railways: total: 46,300 km including 18,866 km electrified and 14,768 km double- or multiple-tracked (1996) note: since privatization in 1994, Deutsche Bahn AG (DBAG) no longer publishes details of the tracks it owns; in addition to the DBAG system there are 102 privately owned railway companies which own an approximate 3,000 km to 4,000 km of the total tracks Highways: total: 656,074 km paved: 650,169 km (including 11,309 km of expressways) unpaved: 5,905 km all-weather (1997 est.) Waterways: 7,467 km (1997); major rivers include the Rhine and Elbe; Kiel Canal is an important connectio
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