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“We did the economy of firefighters thinking that the risk of fire was minimal and now there is fire!
The trap has closed on the German economy, caught upside down on its Achilles heel, its energy dependence.
The president of the German Federation of Industry (BDI) Siegfried Russwurm, re-elected Monday to his post, has little reason to rejoice.
The opportunity, during the Industry Days which were to mark a revival of activity, to halve the growth forecasts, to 1.5% for this year.
Just before the war, the country's main employers' federation established its forecast at 3.5%.
If Russia has already reduced its gas deliveries to Germany by 60%, a complete closure of the valves would have catastrophic consequences on the industrial fabric.
“A central pillar of the German economy”
, underlined Siegfried Russwurm again
“with its 100,000 companies and its 8 million direct jobs”
.
The recession would then be
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