December 1, 2022

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German industry has got through the pandemic well

1 min read

Via Reuters

  • Better than in some other European countries
  • State aid necessary as an exceptional measure, but it must be rolled back when situation improves. 
  • Will have to spend gigantic amounts in the next few years
  • Must get public finances back in order in coming years

German PMI’s out tomorrow. Sounds like they will be firm if Merkel’s comments on German Industry is anything to go by. 

Via Reuters

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