The German economy is being hit increasingly hard by the lack of orders. In October, 41.5% of companies reported a lack of orders, up from 39.4% in July. That’s the highest level since the 2009 financial crisis. “The lack of orders is continuing to hinder economic development in Germany,” says Klaus Wohlrabe, Head of Surveys at ifo. “Hardly any industry has been spared.”
Related Articles
EU politics
Middle East Eye: France and Algeria rocked by ‘most serious’ diplomatic crisis since end of colonial rule
Rightward shift of the French political class and persistence of ‘colonial unconscious’ are contributing to mounting tensions Read HERE
EU politics
Simon Wiesenthal Center – Spanish State Prosecutor Claims that Incitement to Hatred Against neo-Nazis can be Considered a Hate-Crime
There seem to be some serious questions among the EU political elite about the justice system in Poland. What we are experiencing in Spain – and now this – seems to ignored. But then a […]
Energy
Politico – Spain orders temperature limits for businesses in sweeping energy saving decree
August 3, 2022
Mathew D. Rose
Energy, EU politics, EU-Institutions, National Politics, Regulation, Sustainability
0
This can only be the beginning. By the way, had Germany not sabotaged Spain’s ambitious renemwable energy programme in the financial crisis, Spain would be in a much better position now. Read Here Photo: Jacques […]

Be the first to comment