Chamber of Commerce President calls for more decisive economic policy and future vision for Hamburg

Chamber of Commerce President calls for more decisive economic policy and future vision for Hamburg

According to a report by www.stern.de, the Hamburg Chamber of Commerce has called for a more decisive economic policy and a future vision for the Hanseatic city from the red-green Senate. Chamber of Commerce President Norbert Aust emphasized that proper governance is necessary but not sufficient for a successful future. He appealed to Mayor Peter Tschentscher to set up a Hamburg future retreat in order to shape Hamburg's future together with top decision-makers from politics, science and business.

Chamber of Commerce President Norbert Aust's criticism of economic policy and location development in Hamburg is not unfounded. As a financial expert, I see the calls for more innovation support and increased competition in the port as important steps to strengthen the economy in Hamburg. The statement that the city's economic heartbeat does not beat in time with the global economy shows that measures must be taken to improve competitiveness.

According to Aust, the integration of the largest liner shipping company MSC into HHLA does not in itself lead to more competition in container handling. It is therefore urgently necessary to sustainably achieve greater efficiency and productivity in the port. This has not only local but also global implications for trade and logistics.

The criticism of the Senate's missed opportunity to promote the innovation location with a required future billion and the unclear use of Hapag-Lloyd dividends amounting to around 1.5 billion euros shows that it is necessary to rethink economic policy and financial strategy in Hamburg. This can have an impact on the attractiveness of Hamburg as a business location and on companies' investment decisions.

As a financial expert, I see the Chamber of Commerce's demands as an important impulse for improved economic policy in Hamburg and hope that the calls will be heard and implemented in order to have a long-term positive impact on the market and the financial sector in Hamburg.