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German business leaders say new government must act quickly to rescue stagnant economy

By DAVID McHUGH - Feb 24, 2025, 09:38 AM ET
Last Updated - Feb 24, 2025, 09:38 AM EST
Germany Election
The hands of Friedrich Merz, leader of the Christian Democratic Union (CDU), as he speaks during a news conference at the headquarters of Christian Democratic Union (CDU) party in Berlin, Germany, Monday, Feb. 24, 2025. (AP Photo/Martin Meissner)

Germany’s businesses have been frustrated by government inaction on the stagnating economy

FRANKFURT, Germany (AP) — Germany's businesses have been frustrated by government inaction on the stagnating economy.

Sunday's national election raises hopes of a stable two-party coalition of conservatives and center-left Social Democrats, with center-right leader Friedrich Merz as chancellor. But will it take the swift action business leaders are calling for?

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Here's what leading economists and business figures in Germany are saying:

Christian Klein, CEO of business software maker SAP SE
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