▶️ Germany is currently not competitive, according to Federal Minister of Economics Katherina Reiche at the Foreign Trade Day in Berlin
Federal Minister for Economic Affairs Katherina Reiche declared at the Foreign Trade Day in Berlin that Germany is currently not competitive. Her warning emphasizes structural weaknesses in innovation, industrial policy, and framework conditions. Reiche sees risks to growth, export strength, and jobs if nothing changes. She calls for comprehensive reforms in reducing bureaucracy, providing investment incentives, and improving digital infrastructure. She also urged increased support for research, skilled workers, and technology. At the Foreign Trade Day, she highlighted the importance of international competitiveness. Reiche advocates for cooperation between politics, business, and science to strengthen Germany's position. The minister stressed that targeted innovation funding must have a short-term impact. For companies, this means adapting more quickly, digitizing, and reviewing investments. The appeal in Berlin is intended to motivate politicians and the public to take action to secure Germany's competitiveness. [...]
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