The anger of German business and economic representatives from the budget impasse

According to the report of the international group Tasnim news agency, publication ” Day Site wrote in an article: On Monday, German Prime Minister Olaf Schultz, Finance Minister Christian Lindner and German Economy Minister Robert Haubeck did not agree on the budget crisis. The representatives of economy and business in Germany have now increased the pressure on the government to speed up the solution of this crisis. They have asked to quickly resolve the current budget disputes.

Rainer Doelger, head of the employers, told the German news agency about this that saving 17 billion euros from the federal budget About 470 billion euros should be possible. He said: We don’t have an income problem, we have a cost problem. Also, we don’t have a budget crisis, but there is a decision-making crisis with unwillingness to compromise. He emphasized: This fuels uncertainty and only increases dissatisfaction with democracy. No progress was made.

Olaf Schultz from the Social Democratic Party, Christian Lindner, Minister of Finance from the Liberal Democratic Party, and Robert Haubeck, the Vice Chancellor of Germany from the Green Party. They are looking for a solution to the budget crisis in tripartite talks. These three senior politicians also met each other on Monday evening at the office of the Prime Minister. These negotiations were postponed again late Monday evening. At first, nothing was clear about what happened in this meeting.

The three ruling parties in the traffic light coalition are trying to fill a 17 billion euro hole in the 2024 budget. close and enable investment in climate protection and economic renewal in the next few years. On Monday, Shultz expressed his confidence that the negotiations will be concluded soon. Finance Minister Lindner also spoke about the progress in the late afternoon.

In the meantime, “Siegfried Rossorm”, the head of the industry department, asked the coalition government for a quick solution. and find stable for the 2024 budget. He emphasized: There is currently a lot of uncertainty in the industry. Investment in Germany is less. Many companies have run out of patience.” Peter Adrian, head of the German Chamber of Commerce and Industry (DIHK) made a similar statement.

E.g. It is a contentious issue between the Social Democratic Party, the Greens and the Liberal Democrats over whether the so-called traffic light coalition should suspend the debt brake again next year and thus be able to approve billions in loans.

Rainer Dolger said in this regard: The problem of the debt brake plan is not the high costs and lack of reforms. It’s all about prioritizing spending wisely. The proposed federal budget for next year more than quintuples spending on social services, personnel and capital gains. According to him, this is too much for consumption and too little for the future. This imbalance in the budget must end. “

Adrian, the head of DIHK, also said that the German federal government is in a very difficult situation. He added: From an economic point of view, I must say: considering the economic situation with High energy prices and uncertain framework conditions, we already feel a lot of uncertainty among companies in almost all sectors. But this is now even more heightened because the financial framework is uncertain.

He said: “No one knows at the moment where this train will go in the future. This can be seen in both the innovation climate and the investment climate in Germany. Unfortunately, both are remarkably bad. are.

In mid-November, the Federal Constitutional Court invalidated the reallocation of 60 billion euros in the 2021 budget to the Climate and Transformation Fund. This money was used as a loan. Corona was passed, but then it was used to protect the climate and modernize the economy.

At the same time, the judges of this court decided that the government is not allowed to make loans Leave the emergency for the next years. But the federal government did it in special funds – which now creates additional gaps in the budget. “, the chancellor of Germany is struggling with various crises and his coalition government is having problems in managing the economy.

In this way, the budget crisis is turning into It is a political crisis for Olaf Schultz and his tripartite coalition. According to the latest survey, most Germans say that they are dissatisfied with the work of the government.

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