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

A.F 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.”

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