dr klaus deutsch, really good to have you on the programme this week. thank you for talking to us.ast year. so, is it a positive sign for the future? is a successful entrepreneur. verena pausder, welcome to the programme. now, it's a pivotal moment, isn't it? to see from the new government? priority of the next government. because, i mean, the overall economic situation in germany is not good. you know, we're in the third year of a recession. we're only growing by 0.3% this year. and i think it is the number—one topic here in germany right now. into innovation, because i think that's falling far too short in the discussions over the last weeks. and there's also some pessimism, really, about the outlook for the german economy, and we all it can be a bit of a vicious cycle. and optimism to business? it has to. i mean, at the moment, we're world—class in putting ourselves down and telling the world basically that the opposite is true. the amount of private capital and this kind of "made so that has kind of lost its value. i would like to put that back in place and start telling and it

dr klaus deutsch, welcome to the programme.talk to most people, they would have that image what changed 7 actually, the international environment changed, now, we have a serious drop in exports to china over the last few years. and this leads to an erosion of competitiveness across the board, policies to shore up things. at the bdi, you are calling for growth, you're talking about implementing reforms that are long beyond just one one is on energy, and i think here, the key element is that the run—up of renewables works reasonably well, but there is a large investment worked for 25 years at the corporate level, and we are at the highest level of all industrialised countries, and we need to lower and this needs to be tackled with a ten—year framework. when you talk about that infrastructure spending, in order to meet the objective, one has also to think of debt to that. about allowing a higher level of defence spending to be accounted for in the european fiscal rules. that would help, as well. as well, with car—making — and yet,