No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Saturday, October 4, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Economy

German business leaders tell new government: It’s time to deliver

by TheAdviserMagazine
5 months ago
in Economy
Reading Time: 4 mins read
A A
German business leaders tell new government: It’s time to deliver
Share on FacebookShare on TwitterShare on LInkedIn


TEGERNSEE, Germany — Top German business leaders, economists and politicians descended onto a small, picturesque Bavarian town situated next to the iconic Tegernsee lake last week to share their hopes and discuss what’s at stake for the new government.

Buoyed by recent positive market sentiment for Europe’s largest economy, attendees at the summit were united in their call for the new administration to step up and honour campaign promises. Any missteps would likely not be tolerated, with some business leaders warning the government cannot allow itself a “lazy summer.”

Despite rain and low hanging clouds providing a somewhat dreary backdrop to the event, which has been dubbed the “Davos of Germany,” the promise of new beginnings enveloped the summit and the atmosphere was buzzing with excitement for potential changes the newly-appointed Chancellor Friedrich Merz could initiate.

The view across the Tegernsee from the Ludwig Erhard Summit

Sophie Kiderlin, CNBC

Big expectations for the government were commonplace, with concerns about Germany’s struggling economy and recent political turmoil seemingly having faded into the background.

The German DAX index is currently up over 18% since the beginning of this year, frequently hitting record highs in recent months. The German economy has however been in stagnation territory for over two years now, with tensions over economic, fiscal and budget policy in the previous ruling coalition and its eventual breakup continuing to weigh on expectations.

“There are very high hopes now on the new government,” Patrick Trutwein, chief risk officer and chief operating officer at the IKB Deutsche Industriebank AG, said during a panel moderated by CNBC’s Annette Weisbach.

He said he was feeling positive about Germany’s future considering the announcement of the major fiscal package enshrined in Germany’s constitution, as well as further potential reforms ahead and “an economy that’s pretty robust and can build on its own … productivity and competencies.”

Matthias Voelkel, CEO of Boerse Stuttgart Group, was among those feeling hopeful.

“If we look ahead and if they [the new government] do the right thing, I’m optimistic,” he told CNBC.

Audi CEO Gernot Döllner meanwhile said in a fireside chat that he was hopeful that the new government would “send an impulse into the German economy.”

The mood was also upbeat in Germany’s auto sector, which has long been struggling with competition from China, pressures from the transition to electric vehicles and has recently been hit by U.S. tariffs.

“The Germans are back,” Hildegard Müller, president of the German Association of the Automotive Industry, told CNBC’s Weisbach Friday. “We are competitive,” she added.

A talk at the Ludwig Erhard Summit.

Sophie Kiderlin, CNBC

But amid the positive buzz, it was clear that observers are keeping a close eye on the governments every move.

“This new government in Germany cannot allow itself a political lazy summer, I’m sorry, they’ve got to work and they’ve got to work hard,” said Karl-Theodor zu Guttenberg, chairman of Spitzberg Partners and former German politician.

Or as Veronika Grimm, member of the German Council of Economic Experts, told CNBC: “A lot lies ahead for the government.”

Germany’s new economy boss has a plan — and it starts with risk, speed and big bets

Overal the message was clear: Germany needs to get its act together.

Alexander Horn, general manager of Eli Lilly‘s Germany arm — Lilly Germany — said the business strongly welcomes the new government’s goals, but won’t tolerate any caveats.

“Specifically we expect that the declarations of intent that are in the coalition agreement will be implemented quickly, speed plays an enormously big role,” he said during a panel, according to a CNBC translation.

Boerse Stuttgart Group’s Voelkel indicated his optimism relied on action from the government, saying he was looking for moves towards “less bureaucracy, less anti-growth regulation, more innovation and particularly strengthening investment.”

'Crypto is going mainstream,' Boerse Stuttgart Group CEO says

The newly minted German government has set itself many of these points as policy goals, making promises to boost the country’s economy, reduce bureaucracy and boost innovation and investment during the election campaign and in its coalition agreement.

“This country needs an economic turnaround. After two years of recessions the previous government had to announce again [a] zero growth year for 2025 and we really have to work on this,” German economy minister Katherina Reiche told CNBC on the sidelines of the summit.



Source link

Tags: BusinessdeliverGermangovernmentleadersTIME
ShareTweetShare
Previous Post

Strong demand in IPO pushes up eToro’s valuation

Next Post

Palo Alto Networks: Cybersicherheit als sicherer Hafen in unsicheren Zeiten!

Related Posts

edit post
Market Talk – October 3, 2025

Market Talk – October 3, 2025

by TheAdviserMagazine
October 3, 2025
0

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 832.77 points or 1.85% to...

edit post
The job market slowdown is hitting recent college grads hard

The job market slowdown is hitting recent college grads hard

by TheAdviserMagazine
October 3, 2025
0

Students wait in line before the start a career fair at the New York University Polytechnic School of Engineering in...

edit post
The shutdown meant no jobs report. Here’s what it would have said about the economy

The shutdown meant no jobs report. Here’s what it would have said about the economy

by TheAdviserMagazine
October 3, 2025
0

Recruiters speak to job seekers at the Appalachian State University internship and job fair in Boone, North Carolina, US, on...

edit post
Coffee Break: Vaccines Continued, Ancient Art, Renewables, Ignis Fatuus Explained, Good Sleep, and Jane Goodall

Coffee Break: Vaccines Continued, Ancient Art, Renewables, Ignis Fatuus Explained, Good Sleep, and Jane Goodall

by TheAdviserMagazine
October 3, 2025
0

This is Naked Capitalism fundraising week. 752 donors have already invested in our efforts to combat corruption and predatory conduct,...

edit post
Inflation and Economic Growth | Mises Institute

Inflation and Economic Growth | Mises Institute

by TheAdviserMagazine
October 3, 2025
0

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in...

edit post
Jefferson’s War on the Barbary Pirates Is an Unjustified Password for Military Intervention

Jefferson’s War on the Barbary Pirates Is an Unjustified Password for Military Intervention

by TheAdviserMagazine
October 3, 2025
0

A few early episodes of US history are commonly employed as alleged historical precedents and justifications for modern US foreign...

Next Post
edit post
Palo Alto Networks: Cybersicherheit als sicherer Hafen in unsicheren Zeiten!

Palo Alto Networks: Cybersicherheit als sicherer Hafen in unsicheren Zeiten!

edit post
United, Lufthansa and Air Canada extend Israel flight suspensions

United, Lufthansa and Air Canada extend Israel flight suspensions

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
Tips to Apply for Mental Health SSDI Without Therapy

Tips to Apply for Mental Health SSDI Without Therapy

September 19, 2025
edit post
Bitcoin rallies to within 1% of all-time high, gaining safe-haven status during shutdown

Bitcoin rallies to within 1% of all-time high, gaining safe-haven status during shutdown

0
edit post
Jeff Bezos agrees with OpenAI’s Sam Altman: We’re in an AI bubble. But Amazon’s founder says the benefits will be ‘gigantic’

Jeff Bezos agrees with OpenAI’s Sam Altman: We’re in an AI bubble. But Amazon’s founder says the benefits will be ‘gigantic’

0
edit post
How MillerMusmar CPAs Switched to Canopy During Tax Season

How MillerMusmar CPAs Switched to Canopy During Tax Season

0
edit post
Detroit Doesn’t Want More Real Estate Investors—But Their New Policy is Creating More

Detroit Doesn’t Want More Real Estate Investors—But Their New Policy is Creating More

0
edit post
*HOT* Extra 50% off Gap Factory Clearance + Free Shipping = Prices from .99 shipped!

*HOT* Extra 50% off Gap Factory Clearance + Free Shipping = Prices from $3.99 shipped!

0
edit post
In other news this week: Monterro launches new €1.7B funds, Teylor lands €150M, Vibe.co raises €42.5M and more

In other news this week: Monterro launches new €1.7B funds, Teylor lands €150M, Vibe.co raises €42.5M and more

0
edit post
Jeff Bezos agrees with OpenAI’s Sam Altman: We’re in an AI bubble. But Amazon’s founder says the benefits will be ‘gigantic’

Jeff Bezos agrees with OpenAI’s Sam Altman: We’re in an AI bubble. But Amazon’s founder says the benefits will be ‘gigantic’

October 4, 2025
edit post
Bitcoin rallies to within 1% of all-time high, gaining safe-haven status during shutdown

Bitcoin rallies to within 1% of all-time high, gaining safe-haven status during shutdown

October 4, 2025
edit post
FLOKI Makes History With First ETP in Europe as Price Surges 30%

FLOKI Makes History With First ETP in Europe as Price Surges 30%

October 4, 2025
edit post
In other news this week: Monterro launches new €1.7B funds, Teylor lands €150M, Vibe.co raises €42.5M and more

In other news this week: Monterro launches new €1.7B funds, Teylor lands €150M, Vibe.co raises €42.5M and more

October 4, 2025
edit post
CreditAccess, Fusion Finance: Motilal Oswal bet on recovery-led growth in microfinance

CreditAccess, Fusion Finance: Motilal Oswal bet on recovery-led growth in microfinance

October 4, 2025
edit post
Former Tesla exec claims EV industry will grow, not shrink, after death of ,500 tax credit: ‘The market’s established’

Former Tesla exec claims EV industry will grow, not shrink, after death of $7,500 tax credit: ‘The market’s established’

October 4, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Jeff Bezos agrees with OpenAI’s Sam Altman: We’re in an AI bubble. But Amazon’s founder says the benefits will be ‘gigantic’
  • Bitcoin rallies to within 1% of all-time high, gaining safe-haven status during shutdown
  • FLOKI Makes History With First ETP in Europe as Price Surges 30%
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.