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Christopher Porter: "Germany is taking a step out of stagnation"

The new head of the US Chamber of Commerce explains how the German economy can grow sustainably again - and warns of the left's plans for Berlin.

Translated from German Read in German

Christopher Porter: "Germany is taking a step out of stagnation"

The German government's reform agenda has yet to alleviate concerns about the country's attractiveness as an investment destination. According to a survey by the American Chamber of Commerce (Amcham), nearly 50% of companies expect Germany's appeal to worsen over the next 12 months. Amcham's new Germany head, Christopher Porter, remains optimistic, citing the need for structural, sustainable growth driven by private capital, and praising the planned pension reform.

Despite concerns about political instability and the rise of the AfD, Porter believes Germany's stability and reliability will be preserved.

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.

Read the original at handelsblatt.com →

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Conservative ex-mayor Andy Street out of the running for top railways job

Labour ministers have now spent more than eight months seeking a chair for Britain’s nationalized railway network — as people who have worked with Street believe he could return to frontline politics

  • Former Conservative mayor Andy Street ruled out chair position for Great British Railways.
  • Labour ministers decided not to appoint Street due to desire for active politics.
  • Chair role pays £200,000 to £300,000 annually for 10 days of work per month.

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