Morning Briefing: Die fünf Ideen für ein neues Wirtschaftswunder

Good morning, dear readers, Germany finds itself in a peculiar state of tension and bright ideas. Even in the capital, where the coalition nearly lost its existence last night, one can spend an entire day only surrounded by inspired and confident individuals with smart ideas. Even Chancellor, at yesterday's Germany Summit, celebrated the 80th birthday of the Handelsblatt and the 100th of the WirtschaftsWoche, he was confident that this country could turn its economic situation around.

And with this view, he wasn't alone on that day, when entrepreneurs, managers, economists, and politicians discussed the future of this country. It's five points that make the outlook for a new economic miracle not seem so utopian in the coming years: The solidarity between politics and business is possible: German Bank CEO Christian Sewing said, "We must not look at Berlin only, we must also do something ourselves."

Even more clearly, Allianz CEO Oliver Bäte hit the nail on the head: "We need not the meek, but the committed businessman." The determination to actually strengthen strengths: For Bayer CEO Bill Anderson, it's a riddle how strategically Germany approaches change. He makes this point about the automobile industry: "They had to have the will to say that the automobile industry is our core industry and should remain so - no matter what it costs."

This strategic view of economic policy is also urged by economist Isabella Weber: "It takes strengthening of strategic competence of the state." Think sovereignty correctly: Europe needs its own competencies in key technologies - but that doesn't mean not also using technologies from other economic sectors. Henkel CEO Carsten Knobel put it into a formula: "We need sovereignty, not isolation."

Europe, Europe, Europe: The potential of the European single market is still huge. Sewing advocated for "much more Europe." Even KKR Europe CEO Philipp Freise emphasized: "We have impacts like 110 percent tariffs on services and 70 percent on products in Europe's single market through different standards." Confidence: The situation is better than the mood.

Most pointedly, Anderson put it: "Germany can learn a lot from itself." And how can mood and outlook be aligned? Kunst historian Florian Illies had an idea: "Perhaps this time we can actually catch some of the future's opportunities, because we've listed all the risks beforehand."