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Trumpf CEO calls for new economic policy

Updated: Nov 15, 2023

Nicola Leibinger-Kammüller, chairwoman of the mechanical engineering firm Trumpf, has co-authored an opinion piece in FAZ advocating for a fundamental change of course in Germany’s economic policy.

Nicola Leibinger-Kammüller

The article contains a catalogue of nine demands aimed at safeguarding the basic conditions for economic development (particularly for small- and medium-sized enterprises) as well as current levels of social welfare. Besides calling for a reduction in red tape, the authors emphasize the need for better digital infrastructure, stable energy systems, and a renewed focus on scientific innovation.

Finally, the authors encourage politicians to remain open to suggestions from companies, based on practical observations of economic policy. They concluded by calling on businesses leaders to take action in helping to shape the political realm: “now is not the time to [merely] engage in debates, but to implement these insights while taking joy in freedom and personal responsibility.”

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