German FAZ: Moody’s classifies creditworthiness from Volkswagen down008932

The rating agency Moody’s classifies the creditworthiness of Volkswagen worse. The rating for the long -term papers is reduced by “A3” by one level to “Baa1”, with a stable view, Moody’s said on Monday. The downgrading reflects the recent decline in the profit margin and the cash inflow at the Wolfsburg car manufacturer, the experts… Continue reading German FAZ: Moody’s classifies creditworthiness from Volkswagen down008932

German FAZ: IFO and OECD look more skeptical at 2025 and halve forecast008932

The IFO Institute only promises the German economy in 2025 only a mini growth of 0.2 percent. It was not until 2026 that the situation could improve somewhat with an increase in gross domestic product (GDP) of 0.8 percent, the Munich economists said on Monday. “The German economy is stuck,” said Timo Wollmerhäuser, head of… Continue reading German FAZ: IFO and OECD look more skeptical at 2025 and halve forecast008932