Welt: Germany’s business model is under severe stress from the current energy crisis

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Tanya Genner, General Manager of the German Industry Association, said that one out of every four German companies is experiencing serious difficulties in the current energy crisis and is considering moving production abroad. The newspaper writes about it Welt am Sonntag.

“High energy prices and a weakening economy are hitting the German economy hard… The German business model is under great pressure,” he said. TASS her words.

Wolfgang Grosse Entrup, president of the Chemical Industry Association, said high energy prices were “disturbing the country”.

“Without a functioning price brake, the government will frivolously accept deindustrialization,” he concluded, noting that if the chemical industry collapses, other fields will collapse as well.

“This could be a knockout for Germany as a place to do business,” Entrup said.

In response, Rainer Dulger, president of the German Employers’ Association, called for “more entrepreneurial freedom and flexibility in the job market” to work in a mode.

Former German Chancellor Olaf Scholz discretion The impact of the conflict in Ukraine on the European economy.

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