Shift to the right endangers the economy: North German entrepreneurs warn

Shift to the right endangers the economy: North German entrepreneurs warn

According to a report by www.n-tv.de, leading representatives of German business have warned of the effects of a shift to the right. They emphasize that the rise of right-wing extremist parties, especially the AfD, would not only endanger democracy, but also Germany as a business location. The Hamburg and Schleswig-Holstein business associations are calling for urgent measures from politicians to combat this development.

The warnings from northern German entrepreneurs about the consequences of a shift to the right are significant. It is known that extreme political developments can have a major impact on investor confidence, both nationally and internationally. An uncertain political environment can lead to increased economic instability, reduced market friendliness and even investment exodus. All of this could lead to a decline in economic activity and an increase in unemployment.

Political uncertainty may also affect international trade relations, which in turn would result in German companies having difficulty gaining a foothold in foreign markets. In addition, heightened political discussions and social unrest could lead to the neglect of necessary reforms to promote economic growth and combat inequality and social exclusion.

Several members of northern German business leadership expressed concerns about political stability and the economic outlook. It is important that the German government and leading economic actors work together to combat the negative effects of a shift to the right and protect Germany as a business location. Otherwise, the country's economic future could be seriously jeopardized.