More on Germany deindustrialization while pursuing net zero.
Energy crisis and inflation push more German firms into insolvency, study says
By Reuters June 29, 2023
https://www.reuters.com/business/energy-crisis-inflation-push-more-german-firms-into-insolvency-study-2023-06-29/
Germany Faces Decade-High Record in Corporate Bankruptcies
Economic Challenges and Systemic Issues Drive 40% Increase in Insolvencies
The FastForward News Team 10 Jul 2024
https://fastforward.com.cy/breakthrough/germany-faces-decade-high-record-corporate-bankruptcies
German Green Raw Deal: First Half 2024 Insolvencies Skyrocket 30%, Near 10-Year High
By P Gosselin on 11. August 2024
Germany’s Company Insolvencies Seen Heading Toward 2017 High
Total for May is up almost a third from a year earlier
Economy shrank in second quarter and may hardly grow in 2024
By Zoe Schneeweiss August 9, 2024
German businesses dismiss ‘crazy’ plan to charge more for electricity on cloudy days
Jorg Luyken August 27, 2024·
Botched Green New Deal: Business Sentiment In Germany Is Now Free-Falling, “On The Brink”
By P Gosselin on 31. August 2024
Remix News & Views
@RMXnews Sep 16, 2024
🇩🇪 AfD co-leader Alice Weidel calls German Chancellor Olaf Scholz the "chancellor of decline" to his face.
🔺500,000 jobs lost since Scholz became chancellor
🔺Auto supplier ZF will cut 14,000 jobs
🔺SAP will cut 10,000
🔺Ford 4,600
🔺Bosch 3760
And the list goes on...
VW could cut up to 30,000 employees in Germany
The German giant is simply no longer selling enough cars
SEPTEMBER 20, 2024
With job cuts slamming Germany, Berlin ‘hides’ industrial crisis with huge government hiring spree
Germany's industry is crashing while government workers and nurses are being hired, all which has served to distort the country's dire employment situation
SEPTEMBER 24, 2024
https://rmx.news/article/with-job-cuts-slamming-germany-berlin-hides-industrial-crisis-with-huge-government-hiring-spree/
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See also:
Deindustrialization 25, Jobless non-growth in Germany and UK, August 08, 2024
Deindustrialization 26, Update on Europe degrowth, September 03, 2024
Deindustrialization 27, Europe declining market capitalization and GDP growth, September 08, 2024
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