Siemens CEO Roland Busch speaks during a press conference marking the handover of the "Made for Germany" initiative's report at the Federal Ministry for Economic Affairs and Energy in Berlin on October 19, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

German Economy and Energy Minister Katherina Reiche speaks during a press conference marking the handover of the "Made for Germany" initiative's report at the Federal Ministry for Economic Affairs and Energy in Berlin on October 19, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

German Economy and Energy Minister Katherina Reiche speaks during a press conference marking the handover of the "Made for Germany" initiative's report at the Federal Ministry for Economic Affairs and Energy in Berlin on October 19, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

German Economy and Energy Minister Katherina Reiche speaks during a press conference marking the handover of the "Made for Germany" initiative's report at the Federal Ministry for Economic Affairs and Energy in Berlin on October 19, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

German Economy and Energy Minister Katherina Reiche (C) speaks next to Deutsche Bank CEO Christian Sewing (L) and Siemens CEO Roland Busch (R) during a press conference marking the handover of the "Made for Germany" initiative's report at the Federal Ministry for Economic Affairs and Energy in Berlin on October 19, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

Siemens CEO Roland Busch (R) speaks next to German Economy and Energy Minister Katherina Reiche (C) and Deutsche Bank CEO Christian Sewing (L) during a press conference marking the handover of the "Made for Germany" initiative's report at the Federal Ministry for Economic Affairs and Energy in Berlin on October 19, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

The "Reinventing Growth" report by the "Made for Germany" initiative is held up by Deutsche Bank CEO Christian Sewing (L), German Economy and Energy Minister Katherina Reiche (C) and Siemens CEO Roland Busch (R) during its handover at the Federal Ministry for Economic Affairs and Energy in Berlin on October 19, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)

Deutsche Bank CEO Christian Sewing (L) and Siemens CEO Roland Busch (R) pose as they hand over a report by the "Made for Germany" initiative to German Economy and Energy Minister Katherina Reiche (C) at the Federal Ministry for Economic Affairs and Energy in Berlin on October 19, 2026. (Photo by John MACDOUGALL / AFP via Getty Images)