President of the German Industrial Association Issues Warning: Economic and Geopolitical Uncertainty Could Lead to German Economic Collapse

Siegfried Russwurm, president of the Federation of German Industries, made it clear that Germany urgently needs a new government backed by a parliamentary majority in order to emerge from the current state of uncertainty as soon as possible. He stressed that this uncertainty not only has a negative impact on the economic situation in Germany, but also makes the geopolitical situation more uncertain.

Russwum further pointed out that the current economic difficulties and geopolitical instability have brought serious challenges to the German economy. If this continues, he warned, it could have a more profound impact on Germany's economic stability and growth.

In addition, Russwum also mentioned that with the formal inauguration of Donald Trump as president of the United States in January 2025, the uncertainty facing Germany may further increase. He called on the future German government to prioritize improving Germany's business attractiveness to ensure that the German market can remain competitive on a global scale.

In order to achieve this goal, the government needs to adopt a series of effective policies and measures, including improving the business environment, reducing the corporate tax burden, strengthening infrastructure construction, and promoting innovation and technology development. Only in this way can Germany maintain stability and prosperity in the current challenging international environment.