The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookiesbefore using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Germany’s rescue fund seeks a reboot

The lifeline that Berlin promised Germany’s businesses earlier this year was so large it made other corporate rescues in Europe look tame. In its determination to protect companies and jobs Berlin is stirring new debate, at home and abroad, about its growing role as an industrial decision maker and even shareholder. Can the country use its financial muscle to relaunch its own sputtering economic model?


Akkumulatorenfabrik Moll is a vital employer in the pretty little Bavarian town of Bad Staffelstein, about an hour’s drive north of Nuremburg. 

Peter Moll founded the car battery maker just after the Second World War. His daughter, Gertrud Moll-Möhrstedt, is still managing partner at the firm, which employs almost all of its 270 staff in Bad Staffelstein. Moll, in other words, is a classic German Mittelstand company: a family owned, medium-sized firm in a sector that has driven industry and exports in Europe’s largest economy for the best part of a century.

But all this is now in grave danger.

After the coronavirus spread from China to Europe and companies such as Daimler and VW shut down their plants, Moll – like thousands of other suppliers – had no choice but to stop production.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?