German business leader slams growing anti-Islam rallies
He says they undermine the country's economic interests and values
Berlin
A POWERFUL German business leader slammed a growing anti-Islam movement in the country on Tuesday, saying Europe's top economy needed more immigration to remain competitive and should take in more asylum seekers.
The president of the German Federation of Industry, Ulrich Grillo, said the emergence of the group "Patriotic Europeans Against the Islamisation of the Occident (which refers to Western Europe)" or Pegida, which has been holding weekly marches, was undermining the country's interests and values.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
UK consumer confidence improves as inflation and taxes fall
Inflation in Japan’s capital falls below BOJ target, slows for second month
Chinese firms are investing abroad at fastest pace in eight years
Sri Lanka’s economy expected to grow 3% in 2024, central bank says
Yellen says US can bring inflation down without hurting jobs
US dollar briefly falls versus yen after GDP data