Helena Melnikov_Reaktion
Reaction Translated from German with AI assistance

Decisive Reform Course Needed

Chief Executive Officer of the German Chamber of Commerce and Industry (DIHK), Helena Melnikov, on the Joint Economic Forecast of Research Institutes (Autumn 2026)

24.09.2026 - “This is not an upswing; it is a breather. The current reported growth is mainly based on debt-financed government spending and increased exports within the EU internal market. Private investments remain around ten percent below pre-Covid levels. Exports to the USA are weakening, and demand from China has fallen significantly. 

The causes are well known. Energy and labour costs, corporate taxes, and bureaucratic burdens remain high. The institutes therefore anticipate a further slowdown in already insufficient growth in the coming years. 

What companies need now are not new debates but decisions in economic policy. This can only be achieved with a decisive reform course: reducing costs, cutting bureaucracy, accelerating procedures, and modernising infrastructure. The concepts are on the table. Now the government must shift up three gears. A swiftly effective, reliable, and long-term business-friendly location policy is now required for more private investments and thus triggered economic growth. Germany does not grow through announcements but through entrepreneurial freedom.”

Relevant in topic:
Key areas:
  • Growth
  • Public Finances
  • Economic Outlook
  • Reducing Bureaucracy
This English version is provided for convenience only.
It has been translated with the assistance of AI.
No guarantee is made as to the accuracy or completeness of the translation.

Contact

Ehling, Sven_test

Sven Ehling

Spokesperson | Visual Communication