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`Contemporary history' is inherently relevant to, indeed an integral part of, political and social processes in the present. Yet, despite a high level of politicisation of historical debates, the issue of `objectivity' or `value neutrality' cannot be addressed solely in terms of the views of the individual historian, or the wider functions fulfilled by a particular historical interpretation. Attention needs to be shifted to the conceptualisation and `emplotment' of a historical narrative within a given theoretical paradigm. Professional history entails not (merely) the imposition of creative stories, as post-modernists would have it, nor (only) the digging up of ever more `facts' about the past, as on the empiricist view. Rather, it is a puzzle-solving discipline requiring appropriate conceptual tools for the investigation of specific, theoretically constructed, questions. This article reviews recent developments in German contemporary history in the light of this framework.