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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: "Federation of German Wholesale"


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 exporters prepare for a challenging 2023
  + stars: | 2022-12-29 | by ( ) www.reuters.com   time to read: +2 min
The United States and China are Germany's most important trading partners. "We have a stronger euro again because of the ECB interest rate increases. He added that higher interest rates were already having an impact in the United States where they have risen further, especially on the construction industry. To tame soaring inflation, the European Central Bank and the U.S. Federal Reserve have raised interest rates at the fastest pace in decades and both are expected to do more next year. German exporters had not been able to fully process all orders in recent months due to supply shortages, Jandura said.
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