German Political Parties Unveil Diverging Economic Plans Ahead of 2025 Election
With Germany's economy facing stagnation, parties propose varied strategies to address high energy costs, taxes, and bureaucracy.
- Germany's economy is expected to stagnate in 2024, with only minimal growth projected for 2025, prompting economic recovery to become a key election issue.
- The SPD proposes a €100 billion 'Deutschlandfonds' to invest in future technologies, alongside tax incentives for sustainable businesses through a 'Made in Germany' bonus.
- The CDU/CSU aims to abolish the solidarity surcharge, reduce VAT for gastronomy, and cut bureaucracy to stimulate growth and support small businesses.
- The Greens advocate for a temporary 10% investment bonus for businesses and propose reforming the debt brake to fund infrastructure and climate initiatives.
- Other parties, including the FDP, AfD, and Linke, present distinct approaches ranging from deregulation and simplified taxes to wealth redistribution and industrial transformation.