German business morale plunges – answers
news bulletin – answers
German business morale plunges
true/false
- France and Germany are united. T
- They are meeting in Berlin to discuss the financial crisis. F: in Paris
- 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
- They think a decrease in sales tax is a good idea in principle. T: but not for Germany or France
- The car industry is vital to both countries. T: to all Europe
- The car industry employs 10% of the workforce in France and Germany. F: in France
- Germany fell into recession in July. T: the 3rd quarter
- Businesses are not investing. T: they have ‘put the brakes on investment’
- 45% of German companies will cut jobs in 2009. F: 35%
- France is also in recession. F: they have so far avoided recession