Reform plans: Deutsche Bank CEO Sewing calls for more speed in reforms

Christian Sewing, CEO of Deutsche Bank, has expressed concerns that the German government's reform efforts are not happening quickly enough. He believes that the government needs to reduce bureaucracy and be more flexible in its decision-making, citing the need for faster reaction times in a rapidly changing world. Sewing also suggests that the government's protection of employment contracts should be relaxed, and that this should apply to a wider range of employees, not just those earning over 180,000 euros.

He warns that current political developments pose a significant risk to Germany's economy and says that reforms from the democratic center are needed to counter right and left-wing extremism. Sewing also commented on the government's new pension depot and tank rebate, expressing support for the former but skepticism about the latter.