CDU's Ambitious Agenda 2030 for Economic Growth

The CDU, led by chancellor candidate Friedrich Merz, has unveiled its 'Agenda 2030' with a target of 2% economic growth. This ambitious plan includes comprehensive tax reforms and a more flexible labor market. The party aims to lower electricity prices and promote digitization alongside cybersecurity initiatives. A notable aspect is the reversal of the combustion engine ban, which aligns with their strategy to bolster the automotive industry.

The CDU proposes a phased tax relief plan starting in 2026, which includes raising the income tax threshold and reducing social contributions. Additionally, they are promoting a construction boom with expedited approval processes and special tax deductions for affordable housing.

Their fiscal strategy involves reviewing subsidies and maintaining the constitutional debt brake while avoiding tax hikes. The 'Agenda 2030' also seeks to enhance Germany's cyberspace and AI industries, supporting innovative businesses with reduced bureaucracy. This comprehensive approach aims to invigorate the German economy and establish a more robust foundation for future growth.