News Digest Item
21 Aug 2017

“Diesel scandal is a risk to German economy, says ministry”

Finance ministry / Reuters
The German finance ministry sees the car emissions scandal as a risk to the country’s economy, reports Reuters in an article carried by The Guardian. “Given the importance of the automotive industry [the diesel crisis] must be classified in the medium term as a risk to the overall economic development,” writes the ministry in its monthly report. “Risks linked to how Brexit will shape out and future US trade policies remain. In addition, the so-called diesel crisis must be classified as a new risk to the German economy, without its effects being concretely assessable at the moment,” writes the ministry.

Find the report in German here and read the Reuters article in English here.

Find background in the CLEW dossier The Energiewende and German carmakers and the CLEW factsheet "Dieselgate" - a timeline of Germany's emissions fraud scandal.

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