The German economy needs clear framework conditions and a plan from the federal government in order to get out of the crisis - this is what a financial expert is calling for.

The German economy needs clear framework conditions and a plan from the federal government in order to get out of the crisis - this is what a financial expert is calling for.

Even notorious optimists should gradually realize that the German economy will still need a long time to get out of the trough it has been in for many months. The causes are sufficiently described and so diverse that there are no simple solutions. No entrepreneur expects the federal government to end the wars in Ukraine or the Middle East or to bring urgently needed skilled workers into the country in the short term.
What the economy can expect, however, is an idea, or better yet a plan, from the traffic light coalition as to what an investment-friendly, competition-strengthening economic policy should look like in these difficult times. Insecurity, IHK general manager Elke Döring is right, is poison for the economy. Instead of creating reliable framework conditions, the government is leaving companies in the dark.
Source: According to a report by www.stimme.de

The current situation in the German economy is characterized by uncertainty and a lack of prospects. The government has failed to present clear plans and framework conditions for an investment-friendly and competitive economic policy. This leads to uncertainty for companies and a poor business situation.

An example of this is the long-awaited industrial electricity price, which has been discussed for months. It is unclear whether this will ever be implemented, and the uncertainty is affecting companies' planning security. The government is also not seriously addressing the issue of reducing bureaucracy, which is leading to frustration in the economy.

Economics Minister Robert Habeck's industrial strategy is also ineffective because the coalition partners are not following along. This shows that there is a lack of a clear and consistent line in economic policy. This lack of clear plans and measures is damaging the German economy and endangering its competitiveness.

It is urgent that the government presents concrete plans for a sustainable and investment-friendly economic policy. This is the only way to increase the confidence of companies and get the economy back on the growth path. It is high time for the government to act and set the course for a successful future for the German economy.