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Amb. Germany in Italy, mutual benefits for both countries

'Strong ties, German investors willing to stay in Italy'

29 April, 11:55
(ANSA) - TRIESTE, 29 APR - "It is self-evident that if Italy is fine, Germany is fine too, and I think vice versa too, given that there are strong ties between our countries in terms of industrial and commercial relations. In Germany, we are suffering from the strong impact on the economy of the pandemic crisis, but for this year, we expect an important recovery, around 3%, even if we will not fill the gap caused by the recession." German ambassador to Italy, Viktor Elbling, said about relations between Italy and Germany in an interview released on Top500, an event organized yesterday by the Gedi Group. "For the years to come, it is difficult to say what will happen in Germany; it will depend a lot on the progress of the pandemic - he continued -, but the outlook is quite positive, and there is a climate of confidence among companies. We have an important economic program - he added - for an expenditure of about 130 bn euros, 5% of our GDP, for investments in important sectors such as digital infrastructures, sustainable mobility, quantum computing, which are strategic sectors also for your country." The ambassador then focused on the interest of German companies to continue investing in Italy. "When we talk to German companies that have historically invested in Italy - he said - we can certify there is strong confidence in the development of your country and we look at the long tradition of relations with companies and also with regions such as Veneto and Friuli Venezia Giulia. The companies have every intention of staying - he underlined - and indeed of expanding their investments, even in these difficult times." Among the strengths of Italy, "towards which I do not feel neutral, since my mother is Italian. Like many Germans, I feel a lot of sympathy and closeness for this country", Elbling finally said, "well I see many strengths of which we talk about too little, such as a great ability to adapt, creativity even in difficult situations, as we have seen with the pandemic, and I believe that there is great potential here for Europe as well. Italy still has a lot to give." (ANSA).

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