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Family businesses criticize the traffic light coalition: a lack of economic policy threatens the location
Family business owners complain about the traffic light policy: “Don’t expect anything more.” Declining trust in the government's economic policy. Demand for economic transition and investment. Impact on Germany as a location. Bad results after two and a half years of traffic light government. (by Max Schäfer)
Family businesses criticize the traffic light coalition: a lack of economic policy threatens the location
Family businesses in Germany are increasingly disappointed with the traffic light coalition. The board member of the Family Business Foundation, Rainer Kirchdörfer, criticizes the government's supposedly misguided economic policy. According to Kirchdörfer, the government is neglecting important investments in education and infrastructure in favor of social spending. This means that three quarters of large, internationally active family businesses are planning to reduce their investments in Germany.
Kirchdörfer's demands include an “economic turnaround” with incentives for investment, improved depreciation conditions and the suspension of bureaucratic regulations. Kirchdörfer is critical of the high subsidies for certain industries, as they lead to unequal competitive conditions and ultimately have to be borne by family businesses.
Family businesses' dissatisfaction with the federal government is reflected in a survey in which 69 percent of those surveyed said that Germany's competitiveness has declined. The association president Marie-Christine Ostermann also expressed criticism of the traffic light government and emphasized that the government's economic policy decisions have negative effects. The demand for improved economic policy therefore remains.