Guest commentary: The breakthrough starts with us – what are we still waiting for?
To achieve an economic and mental turnaround, we need to return to a love of freedom and trust in companies, says Nicola Leibinger-Kammüller.
Germany is facing challenges, including a struggling automotive industry and machinery sector. The country is said to have rested on its past successes and the reputation of "made in Germany" products for too long. Germany's machinery industry is also accused of underestimating China's development speed, not just due to unfair state support or lower costs in China, but also because of China's rapid innovation and clear goals.
This, combined with geopolitical factors such as US trade policy, new tariffs, and increased fossil fuel costs and interest rates, is now having a negative impact on Germany.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
