>The European nations grappling with the Health Emergency of the Covid-19 that have sealed their borders are now facing another fundamental problem: economic interdependence that makes it difficult - if not impossible - to produce certain products.
>This also applies to the richest and most powerful European nation, Germany, and to its thriving automotive market
>As Il Messaggero reports on newsstands, car giants such as Volskwagen, Daimler (Mercedes) and Bmw have asked Chancellor Angela Merkel to work on a package of European interventions to get out of the crisis.
>Due to the economic interdependence between Germany and countries such as Italy and Spain, the three German car giants have pointed out that theirsupply chainsare now structurally linked to foreign suppliers, especially Italians not only Chinese.
>From the point of view of the German car industry, which is the backbone of the German economy, notes Il Messaggero, it is therefore essential that the recovery of the economy and anti-crisis measures are coordinated at EU level.
>If Italy is far from the podium of the production of complete cars, in fact, at European level it finds itself in second place in the automotive components market: as pointed out by Il Giornale, we talk about about two thousand companies, 200 thousand employees and a total turnover of 52 billion euros.
> The car giants in Germany know this perfectly well and that is why, according to Reuters and AutonewsEurope.com,they have stressed that European interventions should provide immediate liquidity to the Italian component industries to avoid a chain of bankruptcies that would weigh on German production in a devastating way.
LMAO GET ABSOLUTELY FUCKED GERMANY, IT’S PAYBACK TIME.
S