Economic policy: Germany as a location: BDI calls for new priorities
The German industry is undergoing a transformation. Its umbrella organization believes that some new course corrections are needed at this time. Growth and competitiveness are top priorities for him.
The German industry is calling for growth and competitiveness to be prioritized amid crisis and reform debates. The Federation of German Industries (BDI) has released a policy paper outlining principles for economic and trade policy, advocating for a reduction in dependencies on China and short-term assistance for the transition to a climate-neutral economy.
The BDI, representing 38 member associations and around 100,000 individual companies, emphasizes the need for new economic policy alignments in various fields to address the challenges facing Germany. The paper also outlines specific demands, including fiscal discipline, lower costs for labor and energy, and a more diversified supply of raw materials.
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.
