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Merkel must fix energy policy - German Industry

Monday, September 23, 2013 - 03:39

Sept. 23 - Angela Merkel needs to make it a priority to tackle energy policy to keep Europe's biggest economy competitive, says Alexander Schumann, German Chamber of Commerce and Industry DIHK Chief Economist.

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Jeremy digesting the results of Sunday's election the discussion ahead of -- -- -- them Mac will form a premonition when it. To discuss won't be an action means that in business. I'm joined that I -- on the human chief economist that the attendance being physical and as an industry thank you for joining us. If -- a good result the general business. Who took an economy at the moment is still in -- -- -- book for free who lost three years. German government. Had access the main talks to cope through this huge debt crisis. And that's dominated the political agenda and there was electoral reform we need to -- cut though competitiveness. Into the next government has to -- more reform and we'll. And to think he again my big -- Yemeni three under through that window. And slightly concerned about the -- he had renewable switch says. Upsets among German business about the cost of energy prices it's what does the government really need to do -- -- me this transaction. Forget you know some of the questions we lost the company's with the Soviet. And feel bounces -- yeah. Energy costs is the main topic the next government has to take. We had to continues to rise in energy prices due to and that she was due to we made off the Fukushima. This has to be changed because we have to. Shift. The current system of Potomac prices to a more walk oriented approach. But an -- or so other fields. The next government has to do more oval holding. Economy to put the framework that we can that two business. And that he can remains that can keep -- competitive as we -- I'm not just in the business suit Phoenix I used to troubles in the you'll risen and potential flat in the crisis. The use of its two main market for two and exports. 37%. Device would go to viewers -- so we have. Yeah highly intrusive. That did you -- comes out of the troubles comes out of the view that crisis. And -- think -- German government to be good job by now and we hope that it would continue to do so in the next four years. Kennedy is of course very dependent on it acts bullets and an expensive by thinking on US -- to help states keep increasing. Want to. Play within the US doesn't happen. It is right that we are looking on the US market through with the high interest. Due to effective. -- one of all main trading partners and and it is also. That this nation will mature foreign direct investment. So we. We are very consistent you know -- knowing what's going on on the US market on US policy. May yours be the struggle between conservatives and the Democrats do due to the household. And too much it is system going on or it's refreshing. At the moment and you also it is true that. The government on -- -- has to to keep. Or to bring more war to make it more calm in the situation. That justice can run. Sufficient. And for me. Joining me that's discuss what the general election means that German business with Alexander Schulman the chief economist at the gym and tape -- comments and industry. I'm Joanna partridge this is going to.

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Merkel must fix energy policy - German Industry

Monday, September 23, 2013 - 03:39