German businesses, led by Rainer Dulger of the BDA, are calling for substantial reforms from the next government, including lower energy costs, tax reductions, and eased regulations in response to a contracting economy, rising unemployment, and a drop in investment appeal. Struggling under the weight of bureaucracy and high production costs, Germany's manufacturing sector has declined, threatening its position as a leading global exporter. The economy is facing a downturn across all sectors, escalating concerns about Germany's future competitiveness in the global marketplace, particularly following external shocks like the Ukraine war and the ongoing energy crisis.
Lower energy costs, lower taxes, and less bureaucracy; that is what German businesses are demanding from the country's next government to regain competitiveness.
The economy is shrinking. Unemployment is growing. Germany has become unattractive for investors," Rainer Dulger stated, calling for urgent reforms to revive Germany's economy.
Germany's economic strength depends heavily on industry, which is responsible for roughly a quarter of GDP, and is now facing significant downturn.
The successful business model of Germany is faltering as the country struggles with a lack of competitive edge in the global market.
Collection
[
|
...
]