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Global financial crisis: How bad is it for Hamburg? PDF Print E-mail
Written by Saskia Pause   
Thursday, 06 November 2008

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Hamburg`s harbour is affected by the economic crisis (Photo: www.mediaserver.hamburg.de) 

 How hard will Hamburg be hit by the world-wide economic crisis? This question will be posed by many after it was revealed today that Hamburg harbour fears a decrease in turnover. This comes in the wake of HSH Nordbank`s announcement to make use of the federal rescue fond. It is yet unknown to what extent small and medium enterprises in Hamburg may also be affected by the downturn.

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3.20 Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved."

 

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