German business leaders urge swift action following election results

Germany's conservative CDU/CSU bloc won the most votes in the recent national election, allowing for a potential coalition with the Social Democrats (SPD). This outcome eases concerns about a three-way coalition government. Business leaders are calling for immediate action to improve Germany's competitiveness. They emphasize the need for decisive steps in education, innovation, and infrastructure, as well as a focus on digitalization and artificial intelligence. Industry representatives stress the importance of a stable government to address economic challenges. They highlight the need for reforms to reduce bureaucracy, lower energy costs, and enhance Germany's position in Europe and the global market.