EconomyLens.com
No Result
View All Result
Friday, August 8, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

Major German companies warn against vote for extremism

Thomas Barnes by Thomas Barnes
May 7, 2024
in Economy
Reading Time: 5 mins read
A A
2
36
SHARES
456
VIEWS
Share on FacebookShare on Twitter

Germany's far-right AfD party is tied for second place in opinion polls ahead of EU Parliament elections. ©AFP

Berlin (AFP) – Germany’s biggest companies said Tuesday they have formed an alliance to campaign against extremism ahead of key EU Parliament elections, when the far right is projected to make strong gains.

Related

‘Optimistic’: Champagne growers hope for US tariff shift

India exporters say 50% Trump levy a ‘severe setback’

Trump offers data to justify firing of labor stats chief

Influx of Afghan returnees fuels Kabul housing crisis

Bank of England cuts rate as keeps watch over tariffs

The alliance of 30 companies includes blue-chip groups like BMW, BASF and Deutsche Bank, a well as family-owned businesses and start-ups.

“Exclusion, extremism and populism pose threats to Germany as a business location and to our prosperity,” said the alliance in a statement.

“In their first joint campaign, the companies are calling on their combined 1.7 million employees to take part in the upcoming European elections and engaging in numerous activities to highlight the importance of European unity for prosperity, growth and jobs,” it added.

The unusual action by the industrial giants came as latest opinion polls show the far-right AfD obtaining about 15 percent of the EU vote next month in Germany, tied in second place with the Greens after the conservative CDU-CSU alliance.

A series of recent scandals, including the arrest of a researcher working for an AfD MEP, have sent the party’s popularity sliding since the turn of the year, even though it remains just ahead of Chancellor Olaf Scholz’s Social Democrats.

Already struggling with severe shortages in skilled workers, many German enterprises fear gains by the far right could further erode the attractiveness of Europe’s biggest economy to migrant labour.

The alliance estimates that fast-ageing Germany currently already has 1.73 million unfilled positions, while an additional 200,000 to 400,000 workers would be necessary annually in coming years.

Wolf-Dieter Adlhoch, chief executive of the Dussmann Group, noted that 68,000 people from over 100 nations work in the family business. “For many of them, their work with us, for example in cleaning buildings or geriatric care, is their entry into the primary labour market and therefore the key to successful integration. Hate and exclusion have no place here,” he said.

Siemens Energy chief executive Christian Bruch warned that “isolationism, extremism, and xenophobia are poison for German exports and jobs here in Germany –- we must therefore not give space to the fearmongers and fall for their supposedly simple solutions”.

The alliance said it is planning a social media campaign to underline the call against extremism and urged other companies to join its initiative. It added that the campaign will continue after the EU elections, with three eastern German states to vote for regional parliaments in September. In all three — Brandenburg, Thuringia and Saxony — the far-right AfD party is leading surveys.

© 2024 AFP

Tags: far rightGermanygrowth
Share14Tweet9Share3Pin3Send
Previous Post

Struggling French tech group Atos weighs financial lifelines

Next Post

Stock markets mostly rise on lower rates optimism

Thomas Barnes

Thomas Barnes

Related Posts

Economy

Germany factory output falls to lowest since pandemic in 2020

August 7, 2025
Economy

Siemens warns US tariffs causing investment caution

August 7, 2025
Economy

US tariffs prompt Toyota profit warning

August 7, 2025
Economy

Swiss reel from ‘horror scenario’ after US tariff blow

August 7, 2025
Economy

Germany factory output lowest since pandemic in 2020

August 7, 2025
Economy

Swiss reel from ‘horror scenario’ after US tariff blow

August 7, 2025
Next Post

Stock markets mostly rise on lower rates optimism

Stock markets climb on lower rates optimism

Disney reports small loss but sees improvement in streaming

Ferrari confirms 2024 guidance after first quarter boost

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

75

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

US tariffs prompt Toyota profit warning

August 8, 2025

India exporters say 50% Trump levy a ‘severe setback’

August 8, 2025

OpenAI releases ChatGPT-5 as AI race accelerates

August 8, 2025

Tokyo soars on trade deal relief as most Asian markets limp into weekend

August 8, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.