Top German SME Leaders Criticize Government: 'More Support Needed'
Top German SME representatives have voiced criticism against the federal government, stating that their interests are not being adequately supported. This comes despite the Federal Ministry for Economic Affairs and Climate Action (BMWK) implementing special initiatives and measures to promote SME competition and growth.
Günter Althaus, president of the SME association, has expressed concern that current industry policy favours large corporations over SMEs. Despite the BMWK's efforts to reduce bureaucracy and embed the 'Think/Act Small First' principle in regulations, SMEs still feel overlooked. The ministry has launched various initiatives to strengthen SME competition and innovation, but SME leaders argue that more needs to be done to ensure their interests are properly represented.
The criticism highlights the ongoing debate about the balance between supporting large corporations and SMEs in Germany. While the BMWK has implemented measures to promote SME growth, top representatives of German SMEs believe that more targeted support is necessary to ensure their interests are adequately addressed.
