Tag #Hamburg Economy

What immediate actions are needed to address Hamburg's declining economic competitiveness, as highlighted by Norbert Aust's New Year's address?

In his New Year's address, Norbert Aust, president of the Hamburg Chamber of Commerce, criticized Hamburg's economic policies, citing insufficient innovation, bureaucracy, and infrastructure shortcomings, particularly at the port. He urged a "renaissance of the social market economy" and a billion-euro innovation fund.