German newspaper Die Welt: German economy minister struggles to help mid-sized companies on the verge of bankruptcy

China Xiaokang Net, September 14th. The old horse German Economy Minister Robert Habeck wants to ease the burden on medium-sized companies with high energy costs. But the minister was hesitant about the plan and wanted to take a few more weeks. Clearly, Habeck wants to avoid mistakes like the petrol tax. But is there so much time to wait for a business to go out of business?

German newspaper Die Welt reports that when politicians report "lengthy and intense" talks, there is often a real buzz behind the scenes. It was in these words that Economy Minister Robert Harbeck (Greens) described the discussions at the third so-called SME Summit. Of course, Habeck also understands these "intensive" discussions. It is said to be "oriented, constructive and forward-looking". "In difficult times, this is not necessarily something to be taken for granted," the minister said.

What is clear between the lines is that business representatives have made it clear to their ministers that their time is running out. "Many companies are suffering from high energy costs, which may still be harmless formulas," Habeck said. In addition to this, there are the aftermath of the new crown pandemic and people's reluctance to spend due to high inflation. This is the dangerous mixture the German economy is currently dealing with.