Swift Action needed: CDU/CSU and SPD's Planned Moves to Aid Citizens and Businesses
Immediate Implementation Possible for Several Projects, as Per Chancellor's Aide - Immediate Action Possible: Chancellor Outlines Multiple Projects for Immediate Implementation
The black-red coalition, comprising CDU/CSU and SPD, has vowed to promptly institute crucial measures to economically revive citizens and businesses. Thorsten Frei, the coalition's Chief of Staff, stated in a videoconference with the German Press Agency that they will focus on swift actions that can be implemented without delay.
Visible Changes Ahead
Examples include the following initiatives that may exhibit rapid progress:
- Flexible Work Hours: Shifting focus from a daily maximum work time to a weekly one provides employees greater flexibility and work-life balance.
- Deregulation of the Supply Chain Law: Suspending or abolishing the German Supply Chain Due Diligence Act reduces the regulatory pressure on companies.
- Reducing Energy Costs: Swift action to cut electricity taxes and network charges can bring immediate relief to households and businesses.
To overcome the current recession and stimulate growth, both parties also aim to ignite an investment boom by offering better depreciation opportunities and eventually paving the way for corporate tax reform.
Sending a Positive Signal
Frei insists on improving economic conditions, cutting bureaucratic red tape, and imposing tax and energy reforms to create a favorable environment for businesses. He intends to communicate the coalition's ability to orchestrate an economic turnaround and return to a growth phase.
Financial Reserves and Resource Allocation
Many projects in the coalition agreement carry financial reserves. The coalition can invest more by saving money or fostering economic growth, which leads to higher tax revenues. It enables them to put multiple initiatives from the agreement into motion.
Avoiding an Unfair Distribution of Gains
Frei emphasizes that governing isn't a win-lose game, and it's essential to ensure every stakeholder feels they are receiving an ample share of the benefits. The coalition should strive for fair distribution, benefiting all parties without compromising citizens, society, or the state.
Mediating and Striking Balance
As a mediator, Frei perceives open spaces for negotiation between coalition partners and a feasible level of compromise, leading to favorable outcomes for the nation.
- Thorsten Frei - CDU politician and Chief of Staff
- Coalition Agreement - A joint agreement outlining policies and initiatives by the CDU/CSU and SPD
- Federal Government - The central governing body of Germany
- CDU - Christian Democratic Union, a major political party in Germany
- SPD - Social Democratic Party, another significant political party in Germany
- German Press Agency (DPA) - A leading press agency in Germany providing journalists with news and reports.
- The CDU/CSU and SPD coalition, in their bid to assist citizens and businesses, have prioritized swift actions, such as the proposal for flexible work hours, which offers employees increased flexibility and work-life balance.
- The coalition aims to stimulate growth and create a favorable business environment by implementing energy reforms, like cutting electricity taxes and network charges, to reduce energy costs for households and businesses.
- In addition to energy reforms, the coalition plans to invest more in various projects through savings or increased tax revenues, which will allow them to introduce multiple initiatives outlined in their agreement.
- Thorsten Frei, in his role as Chief of Staff, is committed to ensuring a fair distribution of gains, striking a balance between the interests of all stakeholders, and mediating negotiations between coalition partners to secure favorable outcomes for the nation.
