German companies are leaving: “We won’t get out of the crisis with this economics minister”. “The traffic light government is further exacerbating Germany's structural disadvantages instead of solving them, thereby making the domestic location more expensive,” says Lars-Eric Nievelstein.
The Miele case shows symptomatically what the situation looks like across all sectors. According to figures analyzed in BCG's "Industry Crisis Radar", the economy is doing worse than during the pandemic or shortly after the Russian invasion of Donetsk.