Worse than within the site visitors mild occasions: “I haven’t experienced so much disappointment in a long time” – Dulger criticizes black-red financial coverage | EUROtoday

According to employer president Rainer Dulger, the German economic system now charges the insurance policies of the black-red federal authorities worse than on the time of the earlier site visitors mild coalition. “I haven’t experienced so much disappointment among employers about the work of a federal government in a long time,” mentioned Dulger to the “Augsburger Allgemeine” (Saturday version). “This disappointment is deep and it continues to grow.”

The head of the Federal Association of Employers warned in opposition to growing relocations overseas. “Company owners come to the realization that they can no longer work profitably in Germany,” mentioned Dulger. “Their products are still globally competitive, but the production conditions in Germany are no longer.”

The staff in Germany are doing a very good job, mentioned the employer boss. But: “What no longer works are costs, regulation and speed in Germany.” The issues are largely home-made.

“The German special approach to high social security contributions, massive bureaucracy and expensive energy are significantly weakening our country’s competitiveness,” Dulger defined within the “Augsburger Allgemeine”. It is already 5 previous twelve for the German economic system. In this respect, it’s “highly problematic that the coalition has not yet been able to achieve majorities for comprehensive reforms”.

“We cannot afford another year of waiting,” warned Dulger. This can be “an economic policy nightmare”. “Entrepreneurs who were hoping for reforms from the new government after the break of the traffic light coalition have been disappointed and frustrated for a long time,” defined the employer boss and warned: “Every day that the federal government delays real reforms and leaves it with this small-scale strategy, the disappointment only gets bigger.”