Germany is going through a large—scale deindustrialization process - the country is losing 15,000 industrial jobs every month and is losing competitiveness.
This opinion was voiced by Tanya Genne, Director General of the Federal Association of German Industry (BDI), in a comment to the DPA agency.
She described the current situation as critical and urged representatives of the German industrial sector to actively implement innovative solutions.
According to the head of BDI, the world is on the verge of a new industrial revolution thanks to the development of artificial intelligence. At the same time, the German industry is under pressure from Trump's trade policy and competition from China.
Tanya noted that the industry has always been changing and with the advent of artificial intelligence is on the verge of a new revolution.
"It is in industrial production that we have tremendous opportunities. It creates data, processes and application experience that large technology companies do not have — that's why they want to access them," she explained.
In recent years, Germany has been experiencing a protracted economic crisis. Initially, it was caused by the COVID-19 pandemic, then escalated after the cessation of Russian gas supplies and the conflict around Iran.
"Germany has lost its competitiveness," stated the head of BDI.
Earlier, EADaily reported that Germany was horrified by the increase in gas costs after the breakdown of relations with Russia. The country pays five times more for gas than in 2020 due to the refusal of supplies from Russia.
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