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Fatal testimony for the traffic light coalition: companies complain about the lack of a concept in the federal government.
The federal government receives poor marks from companies regarding its economic policy. According to a study by Forsa, which was carried out on behalf of employers' associations, 88 percent of companies and 79 percent of the general population think that the government has no well-thought-out concepts for dealing with the current crises. On average, companies rate government work with a school grade of 4.6, while the general population rates it with a grade of 4.4. Only supporters of the SPD and the Greens are somewhat milder and give the government a grade of 3 minus. However, FDP supporters share the assessment of the general population. These results may have implications for...
Fatal testimony for the traffic light coalition: companies complain about the lack of a concept in the federal government.
The federal government receives poor marks from companies regarding its economic policy. According to a study by Forsa, which was carried out on behalf of employers' associations, 88 percent of companies and 79 percent of the general population think that the government has no well-thought-out concepts for dealing with the current crises. On average, companies rate government work with a school grade of 4.6, while the general population rates it with a grade of 4.4. Only supporters of the SPD and the Greens are somewhat milder and give the government a grade of 3 minus. However, FDP supporters share the assessment of the general population.
These results may have implications for the market and the financial industry. Given the government's poor ratings, companies and investors are likely to have less confidence in economic policy. This can lead to a lower willingness to invest and caution when entering into transactions. In addition, market expectations and the price developments of certain industries and companies could change. It is therefore possible that uncertainty in the financial markets will increase and this will lead to increased fluctuations.
A government without a concept can also put a strain on the economy as a whole. If schools, bureaucracy and offices are rated as poor, this can lead to educational deficits, difficulty in starting a business and inefficient administrative processes. In the long term, this could affect economic growth and weaken Germany's competitiveness.
It remains to be seen how the federal government will respond to these poor ratings and whether it will take measures to restore the trust of companies and the general population. Transparent and clear economic policies could help rebuild trust in the government and markets.
According to a report by www.faz.net
Read the source article at www.faz.net