Coalition negotiations: Economic turbulence puts the Union and SPD under pressure

Coalition negotiations: Economic turbulence puts the Union and SPD under pressure

Coalition negotiations
Business and SPD put pressure on business turbulence






US President Trump is on a customs war, the stock exchanges go on a downturn-this does not go by without a trace in their coalition negotiations in Berlin.

The Union and SPD see themselves in the face of turbulence in the global economy and on the stock exchanges under exacerbated pressure in their coalition negotiations. “Now everyone has to jump,” said Saxony’s Prime Minister Michael Kretschmer (CDU) before the start of new negotiations in Berlin. The development makes it all the more clearly “that we have to finish quickly,” said Saarland’s head of government Anke Rehlinger (SPD).

Last week, US President Donald Trump announced high tariffs for imports from many countries. Since then, the stock exchanges have been falling worldwide.

Merz sees the question of competitiveness at the center

The situation in the international stock and bond markets is dramatic and threatening to continue to tip, wrote the possible new Federal Chancellor Friedrich Merz on the platform X. “It is therefore more urgent than ever that Germany restores its international competitiveness as soon as possible. This question must now be at the center of the coalition negotiations.”

Tax reductions for companies and citizens, a noticeable dismantling of the paralyzing bureaucracy, the reduction in energy prices and a stabilization of the costs for the social security systems are necessary, said the CDU chairman.

Söder warns progress in the negotiations

The big goal is now to strengthen the competitiveness of the German economy, said CSU boss Markus Söder before the start of the negotiation round. “We also agree with the economy that it can rely on a new government.” That is why ideas such as tax increases are completely excluded.

“Today and in the next few days, we also have to progress in view of the internationality. But we are all aware of this responsibility. We will get good results.”

Kretschmer demands at the end of the “game”

Saxony’s Prime Minister Kretschmer said: “It is important that responsibility is now being taken over. The games have to stop.” The times are very, very serious. “What is now happening is demanding for civic responsibility.” People would have a clear awareness of whether it was really about the matter as in the beginning in the specials or “whether this party -political small small broke again”.

CDU presidium member Jens Spahn said that turbulence in the global economy showed how urgently Germany now needs a government capable of acting and, above all, reforms for more competitiveness. “Ideally, we will soon need that.”

Dobrindt still sees severe unsolved points

CSU state group leader Alexander Dobrindt said that one thing was very clear: “We need stable conditions in Germany. This is not only for Germany, which is important for all of Europe.” A government must therefore be formed very quickly “which can then act as a stabilizing factor in the world”.

Last Saturday there was “a high dynamic” in the negotiations. “This does not mean that everything has been solved by far, but the difficult points are still on the agenda today.”

Suly considers rapid settlement possible

She was glad that it will continue, said Mecklenburg-Western Pomerania’s Prime Minister Manuela Schwesig before the consultations started. “And I am very confident that it could also be possible to finish this week.”

The SPD politician did not want to comment on details. “Of course there are still open points, but all work intensively on clarifying them.” The most important thing is that everything that is promised to the citizens can also be financed. You can also see what you can do for the economy.

Request for corporate tax reform also on the SPD side

The President of the SPD Economic Forum, Ines Zenke, asked the future federal government to provide a corporate tax reform that relieves the economy. “If we want to keep our companies in the country, we need a tax reform,” said the head of the association SPD-close company representative on Deutschlandfunk and thus set a similar accent as the Union.

The increase in the rich tax introduced by the SPD in the coalition negotiations saw it skeptical: “I don’t know if that is really that we are fighting ourselves there.”

Pressure on the Union negotiators also of party base

Not only from global economic development is based on the coalition negotiations. The Union’s negotiators are also exposed to demands of their party base to implement the promises from the election campaign.

The chairman of the Junge Union, Johannes Winkel, spoke of a “very clear expectation” of the party base in the broadcaster WDR 5: “We fought in the election campaign for the change of policy in essential topics. And of course this change of policy for Germany must also come.” The SPD must meet the Union a very large piece on the subjects of business and migration. There could be no coalition agreement “where we have the Chancellor, but the SPD receives the content”.

dpa

Source: Stern

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