Germany at risk of deindustrialization – Bloomberg

Aug 19th 2022 6:06am EDT

Soaring power prices may trigger an exodus of factories from the country A large-scale power crunch could seriously jeopardize the German industrial sector as the country’s producers of car parts, chemicals and steel struggle with energy prices that are hitting new highs almost every day, Bloomberg reported on Friday. “Energy inflation is way more dramatic […]

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