Yogthos on Nostr: “There’s actually nothing that speaks in favor of investing in Germany,” ...
“There’s actually nothing that speaks in favor of investing in Germany,” Christian Kaeser, global head of tax at Siemens told lawmakers in Berlin on Wednesday.
Germany’s Economy Ministry warned this week that a recession probably occurred in the second and third quarters, having already said that output for the year is set to contract. A retrenchment by some of the country’s top industrial firms is adding to the gloom.
https://www.bloomberg.com/news/articles/2024-10-17/german-economic-woes-deter-investment-siemens-official-says
#germany #economy
Germany’s Economy Ministry warned this week that a recession probably occurred in the second and third quarters, having already said that output for the year is set to contract. A retrenchment by some of the country’s top industrial firms is adding to the gloom.
https://www.bloomberg.com/news/articles/2024-10-17/german-economic-woes-deter-investment-siemens-official-says
#germany #economy