Germany’s leading industry lobbyist warned Berlin on Tuesday not to follow France’s lead in raising the state’s influence on the economy in response to the challenges of globalisation.
Jürgen Thumann, the chairman of the BDI industry federation, told the FT in an interview the “economic patriotism” championed by Nicolas Sarkozy, the French president, was among the factors fuelling a protectionist zeitgeist in Europe.

Sovereign Funds 

