Goldman Sachs manager Fink sees high investment interest in Germany

Frankfurt. According to Goldman Sachs manager Wolfgang Fink, investors view the location very positively despite all the difficulties. “The interest in investing in Germany is very high,” said the German head of the major US bank at the Handelsblatt banking summit.

Germany has “outstanding companies that operate globally”. The federal government's planned billion-dollar projects, particularly in the areas of defense and infrastructure, are "interesting for many investors," said Fink. However, they would like to see “more specificity, timetables, action plans and responsibilities”.

German companies should position themselves so that they become indispensable in international competition - instead of focusing on isolating themselves from the USA or China, Fink continued. “You think we are becoming more independent, but we actually have to become more strategically important.”

“We can reduce dependence over time,” said the Goldman Sachs executive, “but that will take several years.” He can understand that Germany has become cautious when it comes to critical industries, especially with regard to China. “People were a bit too optimistic,” explains the banker. "But we can't ask where the dollar comes from for every investment. We need the capital."