Economic course of the federal government: Federal Association of German Industries warns against toxic energy policy
The President of the Federation of German Industries (BDI), Siegfried Russwurm, warns against the German government's economic course, especially in the area of energy policy. According to Russwurm, the energy transition, i.e. the exit from nuclear power and coal, creates a competitive disadvantage for German industry compared to other industrialized nations. This could affect companies' long-term planning and investment decisions, which could lead to a loss of trust in Germany as a business location. Forecast for the impact on the market The uncertain energy supply criticized by Russwurm and the possible increase in energy prices could cause companies to hesitate to invest in Germany. Instead they could...

Economic course of the federal government: Federal Association of German Industries warns against toxic energy policy
Forecast for market impact
The uncertain energy supply criticized by Russwurm and the possible increase in energy prices could lead to companies becoming hesitant to invest in Germany. Instead, they could shift their investments abroad where conditions are more favorable. This possible withdrawal of investments from Germany could have a negative impact on the country's economic development.
Analysis of the current economic situation
The German economy shrank by 0.3 percent last year, and no trend reversal is expected this year either. The German Economic Institute predicts a further decline in gross domestic product of 0.5 percent. Combined with Russwurm's criticism of the energy transition, this shows that Germany's economic development is already difficult and could deteriorate further if an unfavorable energy policy is adopted.
According to a report by youngfreedom.de,
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