2025-01-09 13:29:08
Politics
Economy
Business

Merz Advocates for Economic Reform in Germany

Image courtesy of : AFP (MICHAELA STACHE)

Friedrich Merz, the leader of the CDU and Union chancellor candidate, has called for significant changes in Germany's economic policies during the CSU's winter retreat. He critiques the current traffic light coalition and emphasizes the need to reduce bureaucracy and reform the citizen's income system. Merz advocates for a gradual reduction in corporate taxes to stimulate growth. His optimism for the upcoming election campaign stems from the belief that Germany is currently underperforming.

The CDU has officially launched its election campaign under the 'Agenda 2030', which proposes tax cuts financed through savings and economic growth. Key proposals include lowering corporate taxes, eliminating the solidarity surcharge, and introducing a new basic security system, alongside energy price reductions. However, economist Südekum raises concerns about the feasibility of these plans, warning that they may initially create a budget deficit. He acknowledges the potential for increased private investments but questions the projections for savings that the CDU anticipates.

As the political landscape shifts, FDP politician Christoph Meyer criticizes the AfD's alignment with business leaders while warning that their policies could harm Germany's economic future. Merz's distancing from former Chancellor Merkel's positions marks a pivotal moment for the CDU, as a crucial decision regarding Germany's economic direction lies ahead. Moreover, legal experts caution that proposed changes to migration policies may conflict with European law, highlighting the complexities of governance in these turbulent times.

zeit
8. Januar 2025 um 12:51

CSU Winter Retreat: Merz Emphasizes Change of Course in Economic Policy

Politics
Economy
CDU leader and Union chancellor candidate Friedrich Merz criticizes the traffic light coalition and Economics Minister Robert Habeck at the retreat of the CSU parliamentary group in the Seeon Monastery. He calls for a change of course in economic policy, reduction of bureaucracy, reforms of the citizen's income system, changes in energy policy and a gradual reduction of corporate taxes. Merz is very optimistic about the upcoming election campaign, as Germany is currently being governed below its..
focus
9. Januar 2025 um 11:14

FOCUS Interview - "Agenda 2030": This is the Merz Plan for Germany

The CDU officially starts the election campaign with the "Agenda 2030" at the closed-door meeting of the Federal Executive Committee in Hamburg.
n-tv.de
9. Januar 2025 um 11:38

Tax Cuts and Growth: Economist Südekum Dissects the CDU's "Agenda 2030"

Politics
Economy
Economist Südekum criticizes that the CDU only wants to implement the tax cuts gradually, which would initially limit their growth effect. He sees potential for more private investment, but warns that the reforms would first create a budget deficit. Südekum doubts that the promised savings can offset this.
AFP
9. Januar 2025 um 10:30

Agenda 2030: CDU wants to finance tax cuts through savings and growth

Politics
Economy
The CDU wants to finance tax cuts through savings and economic growth. Planned are a reduction in corporate tax, the abolition of the solidarity surcharge, more flexibility in the Working Time Act and the introduction of a "new basic income". In addition, electricity prices are to be reduced by lowering electricity tax and network charges, and the EU-wide ban on combustion engines from 2035 is to be reversed.
CW

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