“Monster aid packages easily lead to enormous anxiety”


Mr Dulger, wind power generators are making record profits, expensive energy is driving toilet paper manufacturers and shoe retailers into bankruptcy. How is our economy doing?

The situation is tense, but we remain optimistic. German companies are traditionally high-performing and innovative. We have a differentiated situation: Some companies are doing well, like my own – others are struggling. That’s why we see more and more companies running out of breath because of the very high energy costs. Or craftsmen and hotels that just don’t keep going because it doesn’t pay off. That worries me a lot.

Is this now a dry spell or is it the beginning of a serious crisis?

We must not lull ourselves into a false sense of security. More storm clouds gather every day. So I’m not ruling out a recession. There is a real danger that structures will collapse that cannot easily be restored.

In what way?

The success of our economy is essentially based on the interaction of a wide range of added value in Germany as a business location, from basic chemicals and steel production to special glass production and mechanical engineering to crafts and services. If individual building blocks break out, for example due to relocation to countries with lower energy costs, then this can very easily cause us permanent damage.

Do you think the traffic light government is on the right track with the recently agreed relief package?

It was irritating what the coalition announced at the first attempt: How could it happen that people were discussing relief for 22 hours and then completely forgot about medium-sized companies, the backbone of our German economy? I am pleased that the Federal Minister of Economics now wants to make improvements – also with targeted crisis aid for medium-sized companies. But the first attempt failed. This traffic light government simply has to internalize this one principle: If we have a strong economy, then we also have a strong country.



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