German business morale falls on virus angst as rebound fades

BERLIN - German business morale fell for the first time in six months in October, weighed down by companies’ concerns about rising coronavirus infection rates that are making them more cautious about the coming months, a survey showed on Monday.

“Companies are considerably more sceptical regarding developments over the coming months,” Ifo President Clemens Fuest said in a statement. “In view of rising infection numbers, German business is becoming increasingly worried.” The number of confirmed cases in Germany rose by 8,685 to 437,866, data from the Robert Koch Institute for infectious diseases showed on Monday.

“The real hit would come if schools and kindergartens had to close,” he said. “That would have a massive impact on the economy and industry.”

Friday was the last oportunity for stimuli. End game pelosi. A Big red índices to 3 november

It is amazing how covid only impacts small businesses, but big corps can stay open, etc...You were are all fools.

Then just lower the prices Simple But capitalism always falls on it's face

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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