GBP Election Poll: Majority of Companies in Favor of Debt Brake Reform
The ARD DeutschlandTrend reports that the economy ranks as the second most important issue in the ongoing election campaign, garnering 34 percent of attention, trailing only migration. The parties are presenting different concepts to stabilize the economic situation and avoid a third consecutive year of recession. In light of this context, the GBP carried out a comprehensive survey involving over 350 businesses to gather insights on their economic policy inclinations. How do business leaders assess the economic and tax policy proposals put forward by the political parties? What reforms would they like to see? And what measures can promote economic recovery?
The results paint a surprisingly positive picture, particularly for long-term economic development in Germany. The companies that took part in the survey are confident that an annual growth rate of 2.02 percent can be realized in the next five years. They predict that the economy will grow by 0.39 percent in the next year. “The prevailing sentiment in the German economy suggests a strong belief in overcoming the current recession, with expectations for economic stimulus after the Bundestag elections,” comments GBP project manager Professor Dr. Dirk Simons on the outcome of the survey. “The next government is tasked with the responsibility of developing a more favorable environment for the German economy.”