The state of the German economy is serious, very serious. Over the past eight years, we’ve lost approximately 15 percent of our industrial production. Month after month, Germany loses around 15,000 industrial jobs. And the industrial base that underpins our prosperity is starting to erode. Private net investment has fallen to almost zero. On balance, companies are doing nothing more than replacing what wears out. High costs are paralyzing companies’ willingness to invest. Even the special depreciation package (the “Investitionsbooster”) that the German government introduced in mid-2025 has done nothing to change that.
And the industrial base that underpins our prosperity is starting to erode.
