Worldwide "Made in Germany" has long been synonymous with quality, and this year was no exception. As the export industry continues to run at full steam, the euro crisis still has not kept up with the Germans.
A wave of euphoria has been sweeping across Germany following their World Cup victory. Economists and business executives are also caught up in it. But not every connection drawn between sports and business makes sense.
Germany as a leading trading nation is suffering from the adverse effects of sanctions against Russia, the commerce lobby group DIHK has said. Exporters doing business with both Russia and the US are especially hit.
As Germany's machine tools sector faces stiff competition from abroad, it is turning to innovation and automation to protect its "Made in Germany" brand. A fresh study highlighted the prospects of the industry.
The EU's discussion about expanding its sanctions against Russia is alarming parts of Germany's business community. Industry associations are expressing fears of a serious slump in the country's exports.
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