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Fortune
Fortune
Léa Pernelle, Sam Reeves, AFP

Europe's largest economy heads toward the polls

(Credit: INA FASSBENDER/AFP via Getty Images)

Auto industry jobs have long been the lifeblood of the German town of Luedenscheid but now, a trade union official says, the sector's woes have sparked fears it will turn into an "open-air industrial museum".

Insolvencies and layoffs have cast doubt on the town's future prosperity, echoing wider anxieties in Europe's biggest economy as it heads toward February 23 elections.

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