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Top related persons:
Phil Noble - 1 Dirk Jandura - 1 Jandura - 1 Maria Martinez - 1 Nick Macfie - 1
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Hamburg Germany Asia South America Brussels
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REUTERS - 1 Rights - 1 Federation of German Wholesale - 1 Foreign Trade and Services - 1 European - 1 Thomson - 1

Search resuls for: "Foreign Trade and Services"


2 mentions found


☆ German exporters see decline in trade in 2023 - BGA
  + stars: | 2023-09-06 | by ( ) www.reuters.com   time to read: +1 min
A crane lifts a shipping container at the HHLA Container Terminal Altenwerder on the River Elbe in Hamburg, Germany, March 31, 2023. REUTERS/Phil Noble/File Photo Acquire Licensing RightsBERLIN, Sept 6 (Reuters) - Most German exporters see trade declining or even strongly declining in 2023, the Federation of German Wholesale, Foreign Trade and Services (BGA) said on Wednesday. The reasons for the pessimistic mood among exporters are linked to the weak economic situation in Asia and South America, according to the BGA. "It will be a burden for our small and medium companies," Jandura said, arguing that it will increase bureaucracy and legal uncertainties. "In Brussels, a weighty German voice for free trade is missing," Jandura said.
Persons: Phil Noble, Dirk Jandura, Jandura, Maria Martinez, Nick Macfie Organizations: REUTERS, Rights, Federation of German Wholesale, Foreign Trade and Services, European, Thomson Locations: Hamburg, Germany, Asia, South America, Brussels
☆ German businesses expect only mild recession as disruptions ease
  + stars: | 2022-12-27 | by ( ) www.reuters.com   time to read: +2 min
There have been growing signs that the German economy could stave off the worst of an economic downturn triggered by a plunge in energy supply from Russia after the Ukraine invasion. Inflation slowed slightly to 11.3% in November from a high of 11.6% the month prior as energy prices eased. The Association of German Chambers of Industry and Commerce (DIHK) said there were many indications that supply chain disruptions were gradually easing. However, the DIHK warned that soaring energy prices and easing consumer sentiment were still clouding the outlook for 2023. The ZDH association of craftsmen echoed the DIHK, saying noticeably fewer orders were coming in for next year.
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