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The German Finance Minister presents an economic plan that contradicts the plan of the Minister of Economy

The German Finance Minister presents an economic plan that contradicts the plan of the Minister of Economy

Lindner, from the Free Democratic Party, a defender of market freedom in the tripartite coalition led by Chancellor Olaf Scholz, calls for “an economic transformation with a radical review of some key policy decisions,” in an 18-page policy paper issued by the Finance Ministry.

The declared disagreement over economic and industrial policy between the Free Democratic Party, the Greens, and the Social Democratic parties led by Schulz has fueled speculation of the collapse of the coalition, a year before the scheduled date of the elections.

The Finance Ministry document comes more than a week after Economy Minister Robert Habeck, seen as a potential Green Party candidate for chancellor in the future, presented his multi-billion-euro investment plan to address weak growth in the country’s largest economy. Europe.

Habeck proposed creating a fund to stimulate massive investment and circumvent the strict fiscal spending rules that the FDP is so keen on.

In contrast, Lindner calls for tax cuts to stimulate the economy, and in his paper proposes, for example, an immediate end to the solidarity tax, which is paid in addition to income tax and corporate tax, which were imposed after reunification. Germany In support of the poorer eastern states.

He also proposes an immediate moratorium on all new regulations and criticizes overly ambitious climate standards.

Lindner also proposes eliminating 10 billion euros ($10.86 billion) in subsidies from the budget completely after the company froze… Intel The semiconductor project that was targeted.

Habeck indicated earlier that the funds could be reallocated.



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