UVBB and the Saxony Business Association warn of the long-term consequences of the current crises

UVBB and the Saxony Business Association warn of the long-term consequences of the current crises

According to a report by www.sueddeutsche.de, the business associations of Berlin-Brandenburg and Saxony see long-term economic development threatened and are calling for a reliable policy to quickly solve the acute problems. They emphasize that medium-sized companies can only successfully implement the structural change that has been initiated if the energy crisis, war, excessive bureaucracy and a shortage of skilled workers are solved quickly and competently.

This is an alarming sign for the region's financial stability and could potentially have far-reaching implications for the market and the financial industry. The lack of reliability and clear concepts on the part of politicians could impair the willingness of small and medium-sized businesses to invest and inhibit economic growth. In addition, unresolved questions and half-baked announcements could torpedo structural change in Lusatia and endanger long-term economic development.

If the acute problems are not resolved promptly and competently, this could lead to increasing uncertainty in the market and reduce the attractiveness of the region for investors. It is therefore crucial that politicians take the concerns of business associations seriously and implement reliable, consistent measures to overcome the current challenges. Otherwise, the negative impact on the financial sector in the region could be felt.