Thursday, January 23, 2025
Business

With Germany heading to the polls—will the government be able to turn around its crisis-hit economy in time?

In Luedenscheid, a town in Germany's Ruhr industrial heartland, the mood is glum after autoparts-maker Gerhardi filed for bankruptcy in November, threatening its 1,500 employees with redundancy. Germany's flagship auto industry has been hit hard.

In Luedenscheid, a town in Germany’s Ruhr industrial heartland, the mood is glum after autoparts-maker Gerhardi filed for bankruptcy in November, threatening its 1,500 employees with redundancy. Germany’s flagship auto industry has been hit hard.

INA FASSBENDER/AFP via Getty Images

source

Leave a Reply

Your email address will not be published. Required fields are marked *