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Strategically important German Mittelstand hit hard by country’s COVID-19 lockdown

More than half of Mittelstand enterprises—companies that account for almost 60 percent of the country’s jobs and more than a third of its revenues—expect their revenues to decline in the second quarter (Q2) of 2020.

German Mittelstand enterprises expect signicant turnover losses in Q2 2020.
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To read the article, see “How the German Mittelstand is mastering the COVID-19 crisis,” May 20, 2020.