European economic policy needs a long-term orientation, not constant new state resources, says financial expert Jörg Rocholl.

European economic policy needs a long-term orientation, not constant new state resources, says financial expert Jörg Rocholl.

According to a report by amp2.handelsblatt.com, Jörg Rocholl analyzes the declining attractiveness of Germany and other large European economies as a business location. He warns that the response to these developments, namely calls for massive additional public resources, is predictable and wrong. As a result, Rocholl calls for a long-term European economic policy instead of a continued expansion of state resources.

The focus should be on how existing funds can be reallocated rather than constantly calling for new ones. He also emphasizes that Europe must face the challenge of attracting talented minds, promoting innovation and creating internationally competitive regulation.

Rocholl sees opportunities in the climate crisis and the loss of biodiversity and emphasizes that Germany and Europe can take a leading role in combating these challenges. The combination of bright minds, technology and capital can transform new scientific findings into marketable products that not only bring economic success, but also help overcome social challenges.

In terms of the financial industry and market, Rocholl's analysis could mean that a focus on long-term, sustainable solutions could bring a shift in the way investments and government resources are deployed. This could have an impact on fostering innovation and creating growth opportunities, particularly in the environmental and technology sectors.