Thursday, April 24
More than half of German firms – 56% — are suffering losses due to coronavirus,
Monday, March 16, 2020
More than half of German firms – 56% — are suffering losses due to coronavirus, according to a survey conducted by the Munich-based think tank, Ifo Institute of Economics. Of 3,400 firms, 96% of tourist companies were hit, followed by 63% of food processors. Ifo reported: “And 63% of firms suffer in trade. Delays or cancellations of deliveries – 66% — especially due to the cancellation of fairs and congresses, cancellation of orders.”
