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Germany’s CDU seeks to take control of the economy early – Euractiv

The CDU/CSU is currently leading in the polls and is expected to form the next government in Germany. However, the economic outlook for the country has been a cause for concern, with many companies relocating their production to other countries. In response to these challenges, the German conservatives are urging Chancellor Olaf Scholz to adopt measures that will improve the country’s economic situation.

In a letter to Chancellor Scholz, CDU leader Friedrich Merz outlined 12 measures that he believes could help improve Germany’s economy. These measures include cutting the corporate tax burden by a sixth and capping social security contributions at 40% of gross wages, as well as vetoing the EU’s Corporate Sustainability Due Diligence Directive (CSDDD). The conservatives’ support for these measures has been welcomed by the liberal FDP, while the Greens and SPD have been more cautious.

Vice-Chancellor Robert Habeck has also proposed a special shadow budget of €1.6 trillion for industry, while Finance Minister Lindner has suggested a “dynamising programme”, which includes slashed corporate taxes and a focus on CO2 pricing. The SPD has not yet presented its suggestions for addressing the country’s economic woes.

Overall, there are many proposals on how to address Germany’s economic challenges, but it remains to be seen which ones will be successful in improving the country’s economy in the long term.

By Editor

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