The executive specifically pointed to the pension, tax, and labor sectors as the primary arenas where progress must be sustained. By framing current legislative efforts as merely the first step, Sewing is signaling to Berlin that the business community expects a deeper, more aggressive commitment to structural change. His remarks underscore a growing consensus among financial leaders that Germany’s long-term competitiveness depends on a continuous cycle of policy refinement rather than settling for the current batch of adjustments.
Christian Sewing Urges Sustained German Economic Reform
Deutsche Bank CEO Christian Sewing hailed Germany’s latest legislative overhaul as a vital opening move on Thursday, yet warned that the country’s economic health hinges on maintaining this momentum. He cautioned that without immediate follow-through, these initial changes risk stalling before they can meaningfully revitalize the national landscape.
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