18 mar 2023 7:13 p.m
Small and medium-sized companies are at the heart of German prosperity and were synonymous with innovation, entrepreneurial spirit and technological strength. But the cornerstone of the success of the German economy is shaky.
The sector has been under fire not just since the Ukraine war and the ensuing energy crisis – the restrictive corona policy has already brought numerous companies to the brink of insolvency. Now it is the rapidly rising energy prices that are causing problems for the industry and causing uncertainty and existential difficulties.
In an interview, the economist and author Dr. Eike Hamer on the current developments in all aspects of economic events in Germany and around the world. He also comments on the ECB policy and explains that hyperinflation can hardly be prevented.
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