Chancellor Scholz reacts to criticism from business associations

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"Economic policy under criticism: Chancellor Scholz under scrutiny. DIW President Fratzscher calls for a clear compass for subsidies and innovations. The traffic light government under pressure!"

"Wirtschaftspolitik in der Kritik: Bundeskanzler Scholz auf dem Prüfstand. DIW-Präsident Fratzscher fordert klaren Kompass für Subventionen und Innovationen. Die Ampelregierung unter Druck!"
"Economic policy under criticism: Chancellor Scholz under scrutiny. DIW President Fratzscher calls for a clear compass for subsidies and innovations. The traffic light government under pressure!"

Chancellor Scholz reacts to criticism from business associations

Today, Chancellor Scholz took part in a meeting of German business associations in response to their criticism of his policies. Marcel Fratzscher, President of the DIW Economic Research Institute, commented on the entrepreneurs' allegations. He emphasized that although bureaucracy in Germany is a real problem and the current economic situation is difficult, calls for further subsidies are exaggerated. Fratzscher advocates that politics must find a balance and calls for a clear compass for the next 10-15 years. He emphasizes that companies also have their own tasks to fulfill, especially in relation to the shortage of skilled workers and lack of innovation.

It is clear that business associations in Germany have expressed a critical attitude towards the Chancellor's economic policy. The discussion about the necessary course setting for the coming years shows the importance of a clear guideline for the country's future economic development. Fratzscher warns that both politicians and companies must live up to their responsibilities in order to successfully overcome the economic challenges. An important focus is on addressing the shortage of skilled workers and promoting innovation.

It is clear that the debate about economic policy in Germany remains at the center of public interest. The demand for a clear compass for the future and the emphasized need for companies to make their contribution illustrate the complexity of the economic challenges. Fratzscher's statements provide important impetus for further discussion about the direction of economic and innovation policy in Germany, which is crucial for the long-term development of the country.