PRESS STATEMENT The industrial recovery must be coordinated at the European level

Jörg Hofmann: “To emerge from the deep recession in the industrial sector, the German debate on reopening is only of limited help. What’s needed is a Europe-wide coordinated economic recovery and a return to growing confidence among consumers and investors. Economic stimulus packages are necessary to achieve this. We need stable purchasing power—including through increases in short-time work benefits and solutions for working parents as long as daycare centers and schools cannot provide reliable care. Instead of rushing to ease restrictions, we must first create these conditions for an economic recovery.”

Further information and press photos of Jörg Hofmann