German business morale plunges – answers

news bulletin – answers

German business morale plunges

true/false

  1. France and Germany are united. T
  2. They are meeting in Berlin to discuss the financial crisis. F: in Paris
  3. They are in favour of the UK plan to solve the problem. F: they have distanced themselves from it – don’t want to consider it
  4. They think a decrease in sales tax is a good idea in principle. T: but not for Germany or France
  5. The car industry is vital to both countries. T: to all Europe
  6. The car industry employs 10% of the workforce in France and Germany. F: in France
  7. Germany fell into recession in July. T: the 3rd quarter
  8. Businesses are not investing. T: they have ‘put the brakes on investment’
  9. 45% of German companies will cut jobs in 2009. F: 35%
  10. France is also in recession. F: they have so far avoided recession