Germany's VDMA says strong euro hurting orders


DUESSELDORF, Germany, Nov 23 (Reuters) - German engineering firms are losing orders and seeing lower profits due to the euro's strength versus the U.S. dollar and many will suffer if it stays this strong, industry group VDMA said. "If the euro stays strong, it will be a problem for many companies," VDMA's Chief Economist Ralph Wiechers told Reuters on Friday. The chief executive of planemaker Airbus , Tom Enders, said on Thursday the weak U.S. dollar was threatening the firm's survival. ...

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