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German Companies Say They’re Prepared for Crisis, FTD Reports

German companies say they’re strong enough to withstand the region’s fiscal crisis, Financial Times Deutschland reported, citing a survey of 896 company executives.

Two-thirds of the companies won’t have to make any or only minimal organizational changes in the short term even as economic conditions worsen, the newspaper said. Seven percent said they expect their business to pick up as a consequence of the crisis, according to FTD.

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