Part 5/9:
The impact of these economic challenges is palpable, with energy-intensive industries taking the hardest hits. Production has plummeted by 20% since the onset of the war in Ukraine, leading to more than 60,000 job cuts announced by major German firms just last year. In this context, the BDI emphasizes that without immediate reforms aimed at reducing bureaucratic costs and enhancing infrastructure investments, Germany risks a grim future of de-industrialization. Predictions indicate an additional contraction of 0.1% in 2025, further underscoring the need for decisive action.