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Merz Presses Cost Cuts to Revive Economy as SPD Stakes Out Social Priorities

Stagnant output plus industry alarm now frame a fight over Germany's 2026 agenda.

Overview

  • Chancellor Friedrich Merz sent a year‑start letter to coalition MPs warning that the economy is in a critical state and urging measures to improve business conditions.
  • He called for reducing labor, energy, bureaucracy and tax burdens, arguing that growth and job creation depend on cutting these costs.
  • Merz opened with self‑criticism, acknowledging that Germany’s competitiveness has not improved enough since the coalition took office.
  • SPD parliamentary leader Matthias Miersch responded coolly, saying competitiveness hinges on tariff compliance, stable wages and functioning social reforms.
  • Miersch said the SPD will set clear social‑policy priorities in the Bundestag, beginning with its caucus meeting this week, as GDP remains stuck at 2019 levels and industry warns of a severe crisis.