Post-epidemic recovery in Germany will be slow
There can no longer be a “V-shaped” boom, ie a rapid recovery in Germany after a sharp downturn, but a slow and cumbersome improvement in the situation, according to a survey by the German Chamber of Commerce and Industry, DIHK.
The coronavirus crisis in Germany has put many companies in a difficult position. More than 40 percent of companies reported a shortage of liquidity in the results of the DIHK survey presented on Tuesday. And scarce funds have led to a decline in investment, hindering the introduction of new technologies, the development of new products and the opening of new markets. (MTI)
Related news
Vegan Food Group acquires Germany’s TofuTown
In its largest acquisition to date, Vegan Food Group has…
Read more >Dairy consumption falls again in Germany
Consumption fell to a new low in 2023, the data…
Read more >German inflation slowed to an almost three-year low in March
In line with what was announced in advance, inflation in…
Read more >
More related news >
Related news
Twenty years in the EU: how has Hungarian consumption changed?
On 1 May 2004 ten new member states joined the…
Read more >Carefree consumers? Considerable differences in the middle-aged camp
Although inflation receded, the income of middle-aged people did not…
Read more >18+! Will cola be next after the energy drink?
According to the new regulations coming into force in Hungary,…
Read more >