German industry pleased with EU summit result

German business associations are cheering the deal EU leaders reached at a marathon summit that ended on Tuesday morning (21 July), and they have every reason to do so, explains economic researcher Jürgen Matthes. But some observers are displeased with cuts in funding for innovation, research or defence. EURACTIV Germany reports.

Economy Minister Peter Altmaier believes that the deal will bring a rapid upturn in the German economy. [EPA-EFE | Philipp Guelland]

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Philipp Grüll Euractiv.de 22-07-2020 07:45 4 min. read Content type:

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Updated: 29-09-2024

German industry pleased with EU summit result

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