Germany as a business location in crisis: Things will be tight for Habeck without an upswing. Ministry of Economic Affairs' report says there is currently no noticeable economic recovery in sight.

The German economy is developing worse than in the rest of the EU, and fewer and fewer foreign investors want to put down roots in Germany. Only 58 percent of those surveyed consider Germany to be one of the five most stable EU countries. In order to achieve this, “several screws have to be turned,” Habecker told Handelsblatt.