Tuesday 30 November 2021
Business morale falls in Germany as COVID-19 cases rise

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Business morale falls in Germany as COVID-19 cases rise

timestampAug 26, 2021 authorAlShorts Web Desk

German business morale fell in August as the supply got hugely affected in Europe's largest economy due to rising COVID-19 cases. "The mood in the German economy has clouded over again", Ifo President Clemens Fuest said in a statement while confirming the fall in business climate index to 99.4. Germany is also facing growing challenges in the tourism and hospitality sector.

Latest News

India extends helping hand to African countries

UAE logs 65 new cases of COVID-19

Global COVID-19 caseload tops 262 million mark

Ousted Myanmar leader Aung San Kyi's verdict postponed

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