Fourth year of losses: Pressure on German industry grows
Magazin • 25.8.2023 • 40420
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Fourth year of losses: Pressure on German industry grows

Motel One Munich Deutsches Museum, Outdoor
Unlike Motel One, many industry businesses have been facing real problems in turning a profit for years. / © Nadine Rupp
25.8.2023

The fourth year of losses is looming: despite an increase in turnover,  businesses were unable to absorb the cost increases in the first half of 2023. The VAT discussion is thus becoming even more heated. And now the trade union NGG demands a basic salary of 3,000 euros for all.

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