According to Chancellor Friedrich Merz (CDU), the new federal government wants to help the weakening economy with tax relief, infrastructure investments and less bureaucracy. There is approval from the trade associations.
“We can become a growth locomotive again on our own strength that the world looks at with admiration,” said Merz in his first government declaration in the Bundestag.
HDE President: We now need real impulses
The German Government’s Commercial Association (HDE) evaluates the Federal Government’s economic policy agenda positively, the industry organization said on Monday. Reducing bureaucracy, reduction in energy costs, new depreciation options for investments and a reform in corporate taxes are important building blocks to bring new impetus into business.
“The economic policy challenges are known, the Federal Chancellor once again put a lot of correct measures on the table to master them,” said HDE President Alexander von Preen. “We now have no knowledge problem – it is important to get into the implementation quickly. We now need real impulses that arrive in practice and create more confidence in the inside.”
Wholesale president: announced measures are long overdue
The Federal Association of Wholesale, Foreign Trade, Services (BGA) also expressed its encouragement. “As an entrepreneur, the Chancellor’s speech, but that is also urgently needed,” said BGA President Dirk Jandura. “The economic situation is dramatic, the measures announced are long overdue. We entrepreneurs also believe that we can create the upswing on our own.”
According to Jandura, this requires reliable framework conditions and noticeable relief, which is particularly relating to the bureaucratic relief. “However, the exposure of the supply chain law can only be a first step, the middle class suffers from many laws and guidelines that do more damage than benefits,” said the wholesale president.
Merz announced that the new government will act “unidologically and technology open” in energy policy. Very quickly you want to enable the separation and storage of carbon dioxide.
Merz hopes for worldwide trade. “We want to support the EU to complete as many new trade agreements as possible,” he said. He wants to avoid a long -lasting trade dispute with the USA.
Jandura welcomes “the commitment of the Federal Government to a strong foreign trade in an open international market and for announcing that they want to negotiate and conclude new free trade agreements quickly.”
You stick to the German, European and international climate goals. However, one focuses primarily on the price of the greenhouse gas carbon dioxide (CO2). “We will not take the income from it in the state budget, but will deliberately return to the economy and the citizens,” said Merz. (Dpa/fashionunited)