Where deindustrialization would hit the economy hardest

Steelmaker at the blast furnace in the ThyssenKrupp iron and steel works in Duisburg

Metal manufacturers trigger many more billions of euros in added value for other companies.

(Photo: imago/Ralph Lueger)

Berlin Federal Economics Minister Robert Habeck (Greens) recently explained how he imagines state support measures for certain economic sectors and which he even regards as key industries: These include above all wind turbines, photovoltaics and power grid components.

With state subsidies for investment and operating costs as well as tax breaks, the minister wants to keep these industries in Germany or even bring them back from abroad. In addition, his company is working on an industrial paper that is intended to include other sectors in addition to renewable energies, the Handelsblatt learned from government circles.

>> Read here: Habeck’s consultants call for a change of strategy in industrial conversion

The selection is of decisive importance for Germany as a location. Because a current study shows that the migration of certain branches of industry can lead to severe upheavals in the German economy. This finding does not apply to a number of sectors.

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