The German Rubber Industry Association appeals to EU economic policy forces

Frankfurt, Germany – “Now is the time for politicians with core economic policy expertise,” said Michael Klein, President of the German Rubber Industry Association (wdk) on the outcome of the European elections in Frankfurt am Main. “As a result, we and the new EU Commission now have the unique opportunity to replace the ideologically dominated EU decisions of recent years with a European policy with a realistic economic policy foundation.”

The new majority in Brussels now allows for a realpolitik that includes all parts of civil society in its political actions. In particular, measures to secure Europe as a business location must be taken urgently and promptly. The radical forces in the EU Parliament, which have unfortunately become stronger, have less of the necessary competence or ideological neutrality. The new EU Commission needs competent and reliable minds. Klein repeated his call for an “industry deal” in order to be able to continue to consider all of the previously announced “European deals”. The same applies to Germany after this election result, said Klein.

“Germany and Europe are in the same boat and suffer from the same issues: high energy costs, high corporate taxation, and a unique level of over-regulation that is not seen in any other competing economic area. The longer these issues are not addressed quickly and massively, the more small and medium-sized companies will go bankrupt. Large corporations simply move their companies to ‘low-cost countries’, often outside the EU. In doing so, we strengthen the competing economic area out of our own desperation. A downward spiral in Europe. We need to break this, the time for ‘political games’ is definitely over!”

“The French president’s very risky course should not be an example for Germany. Bringing radical political forces anywhere near government responsibility at such a crucial, geopolitically important time is highly risky and also not conducive to economic consolidation. The order of the day for the economically liberal stakeholders: retain responsibility, show their profile, initiate the necessary corrections and do not give in to the ideologues!” Klein concluded.