Quarterly Report Germany

The coronavirus is throwing the German economy off balance. The mix of weak economic growth, increased global uncertainty, and underutilized production capacities is slowing down companies' investment activities. The minimal year-on-year growth of one-half percent is only the result of a statistical effect.

News

Brexit

The political fog in London is clearing

-

BDI Director General Joachim Lang comments in response to the election results in the UK. Our companies must now expect to leave by 31 January.  

more
Brexit

Threats from London are harmful and will come back like a boomerang

-

Reacting to the decision of the British Conservative Party to appoint Boris Johnson as party leader, BDI Director General Joachim Lang says that the economy urgently needs a UK government that makes feasible decisions.

more
Brexit

Anniversary of the Brexit referendum: “A hard Brexit is more likely than ever before”

-

A tenacious uncertainty continues to plague the economy. Only damage control is at stake now, said Joachim Lang, Director General of the Federation of German Industries (BDI).

more
Europe

The EU is the solution – not the problem

-

In an interview with the Passauer Neue Presse, the BDI President pleads for a strengthening and unification of Europe. Dieter Kempf expects more courage from politics in Germany. The task of the Grand Coalition is far from finished.

more
Europe

Jefta is a political and economic milestone

-

The Jefta free trade agreement between the EU and Japan, which will apply from February, is praised by Stefan Mair, member of the BDI executive board. Europe must stick to the course it has taken. Further trade and investment protection contracts should not fail.

more
China

Strengthen the European Union to better compete with China

-

The European Union and Germany both face growing challenges posed by China and its state-led economy. Although China remains an important partner, it has at the same time become a systemic competitor, said BDI President Kempf on the occasion of the presentation of a new policy paper on China.

more

The Global Business Coalition Members Call to #G20 for Measures to Enable Global Supply of Vital Protective Gear, Medicines and Medical Supplies #CoronaImpactEconomy#COVID19

Because of the #COVID-19 pandemic and the need to fully implement the measures decided by the French government, launch campaigns underway at the Guiana #Space Center (CSG) in French Guiana have been suspended #CoronaImpactEconomy#COVID19de

#MSC2020: German business representatives & members of US Congress speak about future of transatlantic #trade and #investment / #US House of Representatives @SpeakerPelosi pledges for multilateral solutions @Der_BDI @MunSecConf

Network for free trade – Why the BDI is needed in Brussels

Germany’s prosperity and high living standards are based on a world of free trade. But freedom and competitiveness are not a natural given. They need a strong voice to call for them.

Library

Global Growth Outlook 02/2020

The BDI again expects weak global economic growth of a mere three percent this year. Global trade remains weak, we anticipate an increase of only 1.5 percent. Foreign trade will not be contributing to German economic growth. The increase in GDP will again this year be curbed by foreign trade. Only domestic demand generated by construction activity and private consumption will keep growth above zero.