German businesses sound alarm over record bankruptcies
The number of bankruptcies in Germany is at a record high, prompting the Chamber of Commerce and Industry to call for urgent government action to address the situation exacerbated by high energy prices.
"Those who get up in the morning and work hard are not favored by our system"
Peter Adrian, President of the German Chamber of Industry and Commerce, is disappointed with the current government's lack of reform and doubts the effectiveness of the newly established pension commission.