Saxony Business Leaders Unite Against Far-Right Politics

Mon 10th Mar, 2025

In a significant move reflecting the concerns of the business community in Saxony, 150 company executives have come together to express their opposition to the far-right Alternative for Germany (AfD) party. This coalition aims to promote a more inclusive and open economic environment, emphasizing the importance of diversity and immigration for the growth of the region's economy.

Sylvia Pfefferkorn, a prominent figure in this initiative, has been advocating for businesses to adopt a global perspective. She argues that the rise of populism and isolationist policies poses a threat to the economic vitality of Saxony. According to Pfefferkorn, the prosperity of the region is heavily reliant on the contributions of people from various backgrounds.

The event, held in Leipzig, brought together a range of stakeholders, including local politicians, although representatives from the AfD and the Left party were notably absent. This gathering highlighted the desire among business leaders to foster a political climate that is conducive to economic growth and social cohesion.

Participants at the summit shared their views on the detrimental effects of xenophobia and nationalism on the business landscape. Many emphasized that a welcoming approach not only attracts talent but also encourages innovation and competitiveness in the global market.

The coalition's formation signals a growing recognition among business leaders that their economic interests are intertwined with social values. By standing against the AfD, they aim to send a clear message advocating for an open society where different cultures and perspectives can thrive.

As the political landscape in Germany continues to evolve, the actions of these Saxon business leaders may serve as a bellwether for similar movements across the country. Their commitment to an inclusive economy could potentially influence public discourse and policy decisions in the years to come.


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