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Europe Daily Bulletin No. 11093

4 June 2014
ECONOMY - FINANCE - BUSINESS / (ae) germany
IFO says German industry has been hit by Ukrainian crisis

Brussels, 03/06/2014 (Agence Europe) - The crisis in the Ukraine is unsettling German manufacturers, according to the findings of a special online survey of nearly 2,500 IFO Business Survey participants conducted in May and released on Tuesday 3 June 2014.

Almost a third of the 2,500 firms surveyed stated that they have either direct or indirect business relations with Russia and almost 17% of respondents are already feeling the impact of the crisis on their business. A third of companies...