09.04.2025 12:20 PM

New government – what now?

Deepdive

Our #btt on the topic of “New government – and now?” was – as so often – an evening full of exciting ideas! Our Managing Director Matthias Lais sums up the evening:

“We had three strong guests on stage who, on the one hand, categorized the current world situation and the new Bundestag and, on the other, formulated their expectations of the future federal government.

What stuck in particular:

Cautious optimism with regard to the German economy – This is driven not least by investment programs amounting to 500 billion euros. At the same time, it was clear that without structural reforms, there will be no sustainable growth and no long-term competitiveness.
The role of banks was emphasized several times – as key players in the modernization of our infrastructure and as active drivers of sustainable transformation.
“Choose Germany!” – We have enormous potential in Germany, now it is important to make use of it. The Startup Association’s demands are justified, but there are already strong beacons today – such as Isar Aerospace.”

New government: Germany's fiscal push against Trump's economic policy | Dr. Felix Schmidt (Berenberg)

In this presentation, Dr. Felix Schmidt, senior economist at Berenberg, will analyze current economic developments in the USA, China and Europe in 2025.

🇺🇸 USA: Trump is president again – with deregulation, tax cuts and a growing budget deficit. The US economy is still stable, consumption remains strong, but small businesses are less optimistic. Trump’s tariffs could reach up to 25% – the last time that happened was at the beginning of the 20th century.

🇨🇳 China: less demand, weak economy, stabilization at a low level. The boom times are over.

🇪🇺 Eurozone: Positive signals from real wage gains and lower interest rates. Germany relies on fiscal policy, but Trump’s tariffs threaten the export-oriented model. Purchasing managers’ indices show first signs of recovery.

🏦 Central banks: ECB, Fed & Co. on target – no interest rate hikes in sight for now.

What do these developments mean for the global economy, for us in Germany and for the coalition? Take a look now!

Government formation, new chancellor, new coalition: significance for the financial scene | Dr. Markus Kirchner & Kolja Gabriel (BdB e.V.)

In this presentation, Dr. Markus Kirchner and Kolja Gabriel (both from t he Association of German Banks) will shed light on the impact of the 2025 Bundestag elections and the coalition negotiations on Germany’s financial policy. The extreme fringes of the political spectrum are becoming stronger – an amendment to the Basic Law will hardly be possible without the AfD or the Left. The SPD parliamentary group is under pressure to find its coalition options, help form the government and at the same time preserve its brand essence. The working groups of the new government and the coalition agreement are already discussing relevant topics such as the budget, finances and taxes, which are important for Germany as a financial center.

A key issue is independence from third countries, for example in the areas of cloud and payment transactions. The ECB is planning to introduce the digital euro, but this will be difficult to implement without the support of the private sector. The European Payment Initiative and topics such as cyber security, resilience and artificial intelligence are also becoming increasingly important.

Watch the presentation to find out how the new government and coalition could shape financial policy.

Choose Germany: How Germany is becoming a startup magnet | Christoph J. Stresing (Startup-Verband)

In his presentation, Christoph J. Stresing, Managing Director of the Bundesverbands Deutsche Startups e.V., will introduce the “Choose Germany” initiative. The aim is to make Germany competitive in the long term – not only by investing in infrastructure and armaments, but above all through technological innovations and better framework conditions for start-ups.

At the heart of the initiative are six specific demands:

Mobilize capital for growth phases – especially through institutional investors
Targeted promotion of DeepTech – such as AI, quantum technology or BioTech
Modernize the state – simplify administrative processes, enable start-ups more quickly
Fair competition vis-à-vis BigTech – thanks to the Digital Markets Act and Digital Services Act
Securing digital sovereignty – through European cloud and data infrastructure
Attracting and retaining talent – with better conditions for immigration and participation

Watch the full video now!

Want to experience BtT live and in color?

Would you like to be part of our next “Between the Towers”? Then we look forward to seeing you! Every first Tuesday of the month, we talk about all the topics that move the finance and tech scene. For each edition, we invite experts from the industry and discuss a focus topic. Afterwards, there is plenty of opportunity to network over snacks and drinks.

Participation is of course free of charge.

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New government – what now?

Table of contents

New government: Germany's fiscal push against Trump's economic policy | Dr. Felix Schmidt (Berenberg)

Government formation, new chancellor, new coalition: significance for the financial scene | Dr. Markus Kirchner & Kolja Gabriel (BdB e.V.)

Choose Germany: How Germany is becoming a startup magnet | Christoph J. Stresing (Startup-Verband)

Want to experience BtT live and in color?

More topics about politics and finance!