economy Minister Altmaier wants to encourage German companies – and possibly also to harsh environmental conditions protect.
It’s not every day that Germany’s Minister of the economy, sits a larger-scale industrial plan, presented. In this respect, it is at least remarkable that, Peter Altmaier, has done it once. “National industrial strategy 2030” is the name of the thing that he has now presented in Berlin, Germany and Europe should not slide in the international competition. It was the question that local companies may not be to your liking.
Altmaier said in this context about a state Fund that can contribute at times to companies, if foreign investors show interest in you. However, this should only happen “in exceptional cases”, so that Germany don’t lose any key technologies. As an example, Altmaier, Kuka is called, the robot manufacturer from Augsburg, was acquired by a Chinese investor.
The economy Minister also announced that he wanted to promote a “Global Player”, so they did in the international competition easier. In this context, he called Siemens, ThyssenKrupp, the car manufacturers and the German Bank.
mergers, re-thinking
The planned merger of the Zugsparten of Siemens and Alstom would not comment Altmaier specifically. He said, however, that, for example, in the case of mergers in the railway industry in the world market is the reference market should be and not the national or the European market. EU competition Commissioner Margrethe Vestager has justified concerns in this merger, they could harm European competition.
Altmaier also wants to ensure that the competitiveness suffer to environmental and social protection. You are welcome environmental developments, such as the Coal phase-out, however, it should also minimize the cost for companies to remain competitive.
The mood in the economy has deteriorated in the past few months. In the past year, the German economic output had risen-according to provisional calculations by only 1.5 percent, respectively, compared to 2.2 percent in the previous two years. The Federation of German industry assumes that the economy will continue to grow in the coming year by only 1.5 percent.
