Siemens sees economic environment remaining tough
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MUNICH |
MUNICH (Reuters) - Siemens AG (SIEGn.DE) said it expects the economic environment to remain difficult in the current quarter as volatile financial markets hit the real economy and companies hold off on making major investments.
In addition, public budgets are becoming increasingly strained, it said on Tuesday.
(Reporting by Jens Hack; Writing by Maria Sheahan)
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