Black-red: Five business representatives - Federal government focuses on competitiveness at its retreat
The economy is sluggish, and the reforms are probably insufficient: According to information from Handelsblatt, the German government will focus on further ideas for more competitiveness at its cabinet retreat.
Berlin. The Federal Chancellery is inviting several business representatives to the cabinet retreat on August 25 and 26 for internal consultations. This is evident from the agenda for the cabinet retreat, which is available to the Handelsblatt. It is common for federal governments to exchange views with external guests, particularly from business and academia, as part of their retreat.
However, the fact that as many as five business representatives will be attending is unusual. Chancellor Friedrich Merz (CDU) plans to discuss with his ministers and ministerial representatives, including Roland Busch, CEO of Siemens, and Aidan Gomez, CEO of Cohere. The topic on the agenda is "framework conditions for industrial competitiveness, sovereignty and key technologies".
While Busch from the Bavarian traditional conglomerate is a frequent government advisor, Gomez was less expected. Cohere is a Canadian AI company that is receiving significant international attention. The company is currently attempting to merge with the German AI hope Aleph Alpha, under the political support of Digital Minister Karsten Wildberger (CDU). The takeover has not yet been officially completed.
Translated by urgent.news. Machine-written — may contain errors; check the original before relying on it.
