We discuss the topic with our studio guest Volker Treier, Deputy CEO and Managing Director of International Economic Affairs at DIHK, the Association of German Chambers of Commerce and Industry. He'll explain the new EU members' situation.
Germany is not planning financial aid to help Turkey deal with its currency crisis, the Berlin government says. Opportunities may arise to buy indebted Turkish firms, but for now German business leaders are indifferent.
A new set of US sanctions against Russia is likely to hurt the EU. Experts feel that any such US penalties on Russia should be coordinated with the EU in the first instance.
Germany has seen a steady uptake in goods flowing to China, coupled with a decline in exports to the US, according to the German chambers of commerce. There are concerns over US protectionist policies.
The diplomatic spat between Turkey and Germany is spreading into the business world, with uncertainty over Turkish policies affecting trade and investment, says Volker Treier of DIHK trade lobby group.
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