Germany's businesses are expressing frustration over government inaction on the stagnating economy as the country awaits the outcome of Sunday's national election. The hope is for a stable two-party coalition led by center-right leader Friedrich Merz as chancellor, but the question remains whether this new government will take the bold action that business leaders are calling for.
Leading economists and business figures in Germany are emphasizing the urgent need for change. Business software maker SAP SE's CEO highlighted the importance of addressing issues such as excessive regulation, lack of digitalization, and a slow economy. Luxury automaker BMW AG stressed the necessity for a competitive tax policy, reduction of bureaucracy, and a business-oriented shift in EU policy.
