German economy in free-fall – one in seven firms facing RUIN as inflation erupts

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THE German economy has continued to be in free-fall with one in seven companies in the country fearing they will go out of business as inflation in the European Union's biggest economy explodes.

Olaf Scholz is sworn in as Germany's new chancellorWe use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time.That is according to findings from a report by Munich-based Ifo Institute for Economic Research in December, which surveyed 9,100 companies across all sectors.

 

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