Industry President Siegfried Russwurm told the Deutsche Presse-Agentur in Berlin that Germany as a business location has numerous "handicaps" and is losing competitiveness. DIHK President Peter Adrian warned of an increasing relocation of production abroad.
Foto: Robin Sommer/Unsplash
DGB head Yasmin Fahimi announced that the unions would put the questions of how to ensure competitive industrial electricity prices at the top of the agenda in talks with the federal government next year. "The deeper the cuts in the value chain become, the more companies in the value chain leave Germany, the more dramatic the domino effect will be."