CFO Elvermann calls for closer interaction between politics and business in Germany

CFO Elvermann calls for closer interaction between politics and business in Germany

According to a report by Süddeutsche Zeitung, BASF CFO Dirk Elvermann is calling for closer interaction between politics and business in Germany. He criticizes the fact that important issues such as infrastructure, education, industrial conditions, research and development and energy supply are not brought together and calls for an investment strategy for the country. He also complains about the massive regulatory pressure under which the economy is suffering and calls for less bureaucracy and more competitiveness.

BASF CFO Dirk Elvermann's demands have potentially far-reaching effects on the market and the financial industry. Better infrastructure and industrial conditions could lead to an increase in productivity and efficiency in the economy. De-bureaucratization could reduce costs for companies and improve competitiveness. However, a closer integration of politics and business could also lead to conflicts of interest and ethical concerns.

Criticism of massive regulatory pressure and infrastructure problems could also impact companies' long-term investment strategies. Investments in energy supply and infrastructure could become more attractive, while regulations and bureaucratic hurdles may slow down investments.

Overall, it is important to view BASF CFO Dirk Elvermann's demands in the context of overall economic developments, as they could potentially have a significant impact on the market and the financial industry.