“Frustration and uncertainty’: Business associations send a fire letter to Scholz. “We are observing political, social and economic developments with great concern,” the letter says.
The letter comes from the presidents of the Federal Association of German Employers' Associations, the German Chamber of Commerce and Industry and the Central Association ofGerman Crafts. The federal government must take measures that promote an economic revival, the letter adds. The German economy shrank in the fourth quarter of 2023.