Business elites in Germany are dissatisfied with the current energy and economic policy of the German government, believing that the best years for the country are behind them, Frankfurter Allgemeine Zeitung writes, citing the results of a survey by the Allensbach Institute.
According to the publication, the recovery of the German economy after the “Putin shock” is slower than expected, and the majority of top managers and entrepreneurs surveyed agree that the country has “passed its zenith”.
Thus, three quarters of businessmen and executives criticise the German government’s energy policy, which is a major factor of dissatisfaction with the coalition government. In addition, 76 per cent of business elites now believe that the federal government’s actions are weakening Germany.
Among the main reasons for Germany’s declining competitiveness, 77% of respondents cite high energy costs, followed by labour shortages, government regulation and other problems. At the same time, business elites are highly sceptical that Germany will be able to regain its competitiveness in the near future.
Last year, Germany, as well as Europe as a whole, faced a serious energy crisis caused by sanctions against Russia and, consequently, a gradual withdrawal from its energy resources. In Germany, the situation is also complicated by the parallel decommissioning of local nuclear power plants.
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