Reformpläne: Deutsche-Bank-Chef Sewing fordert mehr Tempo bei Reformen

Deutsche-Bank CEO Christian Sewing has criticized the current pace of reforms by the German government as insufficient. In an interview with "Bild am Sonntag", Sewing stated that while the social-democratic government recognized the need for reform, he believes that the implementation speed and consistency need to improve. He also warned against relying too much on compromises.

Sewing urged the government to reduce bureaucracy significantly. He expressed particular concern about certain issues that have become familiar to everyone: job security protection. He suggested that the government should consider lowering the threshold for EU workers earning over 180,000 euros. Sewing also believes that the political developments in Germany are "dangerous" and pose a significant risk to Germany as an economic location.

He sees a damaging effect on the economy, whether it's in Saxony-Anhalt due to the AfD or in Berlin. Sewing praised the government for the new pension fund, which will be introduced at the start of the year, and appealed for it to be implemented as proposed without any watering down. He was not a fan of the fuel discount, believing that it would not be sustainable in the long run given the ongoing financial situation in Europe and the country's debt burden.