DIHK general assembly adopts 10-point plan for economic policy

DIHK general assembly adopts 10-point plan for economic policy

According to a report by www.welt.de, the German Chamber of Commerce and Industry (DIHK) has passed a worrying resolution that proposes ten points for a change in economic policy. DIHK boss Peter Adrian emphasizes the need for a new “we-feeling” between politics and business in order to overcome the deep crisis of trust. The resolution contains clear positions and demands regarding energy policy, immigration, international cooperation, corporate taxes, innovation activity, recycling and EU regulation. The DIHK is also pushing for an acceleration of infrastructure expansion.

In the financial sector, companies are calling for a reduction in corporate taxes to an international level of around 25 percent and are proposing to replace the trade tax with a profit-dependent local tax with its own assessment rate. Furthermore, the DIHK is very concerned about the historic low of innovation activity in Germany and is calling for the establishment of several so-called real-world laboratories to promote technical experiments.

These claims could have a significant impact on the market and the financial industry. A reduction in corporate taxes could improve the competitiveness of German companies and stimulate investment. At the same time, the introduction of a profit-related local tax could strengthen local communities and influence public finances. Promoting innovative experiments could advance technological development in Germany and increase the competitiveness of companies.

It is important to note that the implementation of these measures could also generate political resistance and controversy. It therefore remains to be seen how politicians will react to the DIHK's demands and to what extent the proposed measures will affect the financial market and the economy.