“Threatening symptoms of deindustrialization” – this is the warning from the employers’ association Gesamtmetall and the trade union IG Metall. They demand “strong counteraction” from politicians.
The employers’ association Gesamtmetall and the trade union IG Metall have called on the federal government to strengthen Germany as a business location.
The fact that many domestic and foreign companies are currently deciding against Germany when making location and investment decisions are “threatening symptoms of deindustrialization,” it said in a joint statement. “Above all, the federal government must ensure competitive energy costs and create more attractive investment conditions.”
In addition, the employers’ association and the union called for accelerated infrastructure expansion in rural areas, faster planning and approval procedures and a long-term raw materials strategy. In view of the shortage of skilled workers, more focus must be placed on education.
“Germany as an industrial location is in danger. More investments are being made in other countries due to more competitive conditions. Strong countermeasures are required – otherwise there is a risk of devastating de-industrialization, further social division and an increasing radicalization of political debates and protests,” the statement said.
Source: Stern
