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Department of Business Administration

Swiss Companies Suffer Due to Weak German Economy

The weak German economy significantly impacts Swiss businesses. Rising wages, higher energy costs, and shorter working hours in Germany reduce their competitiveness and demand, leading to a 12% decline in Swiss exports in the first quarter. Sectors like machinery and automotive are particularly affected. The situation is exacerbated by economic and political uncertainties in Germany.

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msn Schweiz(Original)

msn Deutschland(Original)