With both the US and the Chinese economies in trouble, there is very little hope for a strong export-driven recovery. Also, weak industrial orders, high inventory levels and precautionary savings are still weighing on the economy. On top of that, the increasing number of insolvencies and individual company announcements of forthcoming job restructurings are still hanging like the Sword of Damocles over the labour market this year.

The measures that DIHK proposes wouldn't be sufficient for the recovery. Germany is doomed to be in recession — a stagnate recession — for a long term.