Hubertus Pellengahr

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Last quote by Hubertus Pellengahr

The retail industry has not yet been hit by the crisis. We are not worried about Christmas sales, but we are worried about the development next year. We need tax reductions, so that consumption continues, which is what consumers are showing now.feedback
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Dec 02 2008 Christmas
Hubertus Pellengahr has most recently been quoted in an article called EU to pen new state aid rules to combat downturn. Hubertus Pellengahr said, “The retail industry has not yet been hit by the crisis. We are not worried about Christmas sales, but we are worried about the development next year. We need tax reductions, so that consumption continues, which is what consumers are showing now.”.
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