Future of Germany: 'We often talk ourselves down and work on our weaknesses'
The CEOs of Deutsche Bank and KfW discuss the need for change and confidence in Germany's economic outlook amid challenges.
Germany is currently facing an economic downturn, and in an interview with Christian Sewing, the CEO of Deutsche Bank, and Stefan Wintels, the CEO of KfW, the discussion revolves around the necessity of having the courage to embrace change. They emphasize the importance of viewing change as an opportunity rather than a challenge and the potential for reform within the nation. Wintels stresses that a comprehensive agenda for reform and modernization must be driven by this kind of courage.
Sewing likens the country's current mindset to a sports mentality, asserting that a lack of self-belief will prevent success. He points out that Germany possesses all the necessary resources and capabilities to thrive but lacks the self-confidence and conviction to realize its potential. This sentiment is reflected in the launch of the initiative