Home Germany IFO: About 25% of firms fear for survival due to the coronavirus crisis

Germany IFO: About 25% of firms fear for survival due to the coronavirus crisis

Updated: 6 Jul. 2020 | 07:27

Germany’s influential IFO said on Monday, about one fifth (21%) of the German companies see their survival threatened by the coronavirus crisis.

Additional quotes

“Travel agents, hotels and restaurants are particularly concerned.”

“We could see a wave of insolvencies in the coming months.”

more to come …

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