Germany: Industry Moving Abroad Amid Rising Energy Prices
With bankruptcies rising sharply and major companies cutting jobs, Germany’s economic future looks bleak.
With bankruptcies rising sharply and major companies cutting jobs, Germany’s economic future looks bleak.
The Chairman of the Association of Civil Servants calls the survey results “terrifying.”
Cafes, restaurants, shops, and online retailers have been the most affected businesses, according to the report.
One of the major problems for businesses that survived the pandemic is that many of them had significant back taxes to pay.
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