Industrial Panic Set to Burn a Trillion Dollar Hole in Europe’s Pocket?

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World Economy

It’s an open season for Europe’s fiscal health. Governments are spending, and they’re spending big. By big, we mean European governments are splurging billions of dollars to ensure industries don’t go kaboom under the stress of an acute energy crisis. Industries are essential to any modern economy. Without them, Europe could lose its famed tag of being in the “developed world”. The industrial revolution began in Europe. Now, industrial reversal has also started from this very part of the world. Watch to know more. Germany and all other countries in Europe are struggling to keep industries afloat, much like the United Kingdom.

Credit Firstpost

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