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German economy in crisis: calls for decisive action
German economy in danger: Entrepreneurs sharply criticize the traffic light coalition. Experts call for urgent action amid deindustrialization and energy crisis. #economic policy #traffic light coalition #deindustrialization #energy crisis
German economy in crisis: calls for decisive action
The German economy is in a deep crisis, which is made worse by neglected problems such as the energy transition, the reduction in bureaucracy and the lack of skilled workers. The current federal government is criticized by experts for not acting decisively enough to address these challenges.
The employers' association Gesamtmetall and the trade union IG Metall are urgently calling on the government to strengthen Germany as a business location. They emphasize that the current exodus of companies are threatening symptoms of possible deindustrialization. Among other things, an expansion of the infrastructure, faster approval procedures and a long-term raw materials strategy are required.
Another key point is the concern about energy costs in Germany. Energy costs have risen enormously, especially since the Ukraine war. Politicians are called upon to provide cheap and green energy in order to maintain the competitiveness of German companies.
Entrepreneur Daniel Hager criticizes the current government harshly. He sees deindustrialization already underway in some key industries and warns of the long-term effects of this trend. Hager emphasizes the need for a clear plan to help the German economy and keep companies in the country.
The German Chamber of Commerce and Industry (DIHK) supports the demands for competitive energy prices. DIHK President Peter Adrian emphasizes that German electricity prices are still significantly higher compared to other countries and that a secure energy supply is of crucial importance for companies.
Daniel Hager shows little optimism for the current government to change course. He expresses the desire for a new government and criticizes the fact that only a few politicians in other parties, such as the CDU, actually have experience in business.