The attack of the German industrial sector on the policies of the federal government

According to the report of the international group Tasnim news agency, newspaper ” Berliner Zeitung wrote in an article: After the farmers, now the German industry is also attacking the German federal government. The lack of clarity in the issue of energy transmission is one of the reasons for the industry’s anger.

The Federation of German Industries (BDI) criticized the German federal government in an unusually harsh manner in a press release. Speaking in Berlin on Tuesday, BDI chief Siegfried Rasswurm said German politics had found itself in a complicated trap and was further complicating the situation in the fight for an exit without convincing progress. He added: This comes at the cost of trust and leads to uncertainty among companies as well as among citizens. He mentioned a specific example in his criticism and said: Until the construction of planned back-up power plants does not begin due to the uncertainty of business models and financing, Germany will remain dependent on the continued operation of coal power plants.

The head of the BDI called it “strange and shameful” that Germany, as a country with one of the most ambitious strategies for decarbonization, ended up continuing to operate coal plants. The stone itself remains dependent because there is no alternative.

He emphasized that the joint resolutions to speed up the process of approving this plan in 2023 were right and will definitely help. But efforts in this direction are not enough. He mentioned the strategy of building back-up power plants with hydrogen capability for energy transmission as one of the main issues that require long-term measures. It also works poorly in this regard. In this regard, he said: German industry wants more Europe, but it wants it “correctly”. He strongly criticized the plans for the European Supply Chain Act and the Artificial Intelligence Regulatory Framework (AI-Act) and said: We need an internal market that also allows future-oriented industrial value creation, not only in digitization, But in general, increase. Furthermore, he says, there is probably still a lot of convincing to be done to see how industrial competitiveness and climate protection can be brought closer together in European politics. This requires a massive concerted effort by European politics.

The Confederation of German Industry expects marginal economic growth of 0.3 percent for Germany for the year just started, while The global economy will grow by 2.9 percent. According to this federation, the German economy is at a standstill. Rasorum said: “Compared to most other major industrialized countries, our country is behind.” We don’t see any chance to quickly get out of this situation in 2024.

He stressed: “In terms of geopolitics and domestically, many things are even more difficult at the beginning of this year.” It is from 2023.

According to the head of BDI, the interest rate policy of central banks could become a bright spot for the economy during this year. Inflation is decreasing and therefore the prospect of a gradual decrease in interest rates is increasing. However, this will only have significant effects in the real economy from the spring of 2025, Rasorum says. Government, there is no reliable basis for calculating investments. Politically, the situation “leads many people astray due to real anger and frustration with political events. Rasorum called on all democratic parties to finally come together to make decisions that the country urgently needs.” /p>

The BDI chief also spoke about the 2024 elections – European elections, state elections in Brandenburg, Saxony and Thuringia and the US presidential election. Elections are very important for us.

end of message/