New orders raise German hopes but crisis is far from over

摘要

The consequences of the economic and financial crisis have not yet been overcome, said Juergen Seidel, Mecklenburg-Vorpommern (MV) economics minister, adding "however the situation is slowly stabilising".He told a recent maritime economics conference in Rostock that shipyards in Mecklenburg-Vorpommern alone had booked 19 new orders in 2010, nearly all of them special vessels. He contrasted this with 17 orders cancelled in the region since 2008 -a loss of about €560 million. It's a contrast other German states could also make.