BERLIN (Reuters) – German engineering union IG Metall said on Friday that 77% of firms it represents were in crisis or completely shut down – 10 percentage points more than in a survey it published before Easter.
“It’s very clear that the ongoing crisis in vehicle construction and the widespread standstill there is having a huge impact on other industrial sectors,” IG Metall said in a statement, adding: “The situation in companies is worrying.”
(Reporting by Michelle Martin)