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Germany in bad shape: SPD-affiliated economic experts are calling for an economic restart
The SPD-affiliated group of experts is calling for a change of course in German economic policy because Germany is “not in good shape” as a location. The paper's authors include prominent economic experts such as Achim Truger, Peter Bofinger and Matthias Machnig. They are calling on the federal government to spend more money and introduce its own climate and transformation fund in order to be able to finance targeted projects. Furthermore, the federal budget should be used to strengthen investments, industrial policy projects and competitive framework conditions. The experts also recommend using the economic stabilization fund to provide energy-intensive industries with cheaper electricity prices until renewable energies are available in sufficient quantities and at competitive prices. <...
Germany in bad shape: SPD-affiliated economic experts are calling for an economic restart
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Read the source article at www.welt.de