Open Demo Account
Home / Breaking News / IFO: German Companies See Their Survival Threatened by Covid-19 crisis

IFO: German Companies See Their Survival Threatened by Covid-19 crisis

Adel 6 July, 2020 11:31 am Breaking News, Market Update

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

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

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

Tags

Check Also

Gold Rises in Asia as Fiscal Jitters and Fed Uncertainty Lift Safe-Haven Demand

Gold advanced in Asian trading, supported by safe-haven flows amid fresh worries about fiscal sustainability …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends