Baden-Württemberg: Southwest entrepreneurs warn of the coming months

Stuttgart (dpa / lsw) - The coming months will worry entrepreneurs in the southwest.

Baden-Württemberg: Southwest entrepreneurs warn of the coming months

Stuttgart (dpa / lsw) - The coming months will worry entrepreneurs in the southwest. "The war in Ukraine has also drastically worsened the framework conditions for the economy in Baden-Württemberg," said Rainer Dulger, President of the Entrepreneurs of Baden-Württemberg (UBW), according to a statement in Stuttgart on Tuesday.

Accordingly, the shortage of material has worsened, energy and preliminary products have become significantly more expensive. Rising interest rates and high inflation weighed on business and consumer sentiment alike. The propensity to invest and consume fell significantly. "The prospects for the second half of the year are not good," said Dulger.

In the energy sector, companies are now faced with almost incalculable cost increases that can often only be partially passed on to customers. The federal government has responded with relief, but overall the measures for the economy are insufficiently dimensioned. The companies urgently need a reduction in energy taxes to the EU legal minimum rate," says Dulger.

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