Financial expert criticizes Merz's idea of ​​changing course on German economic policy

Financial expert criticizes Merz's idea of ​​changing course on German economic policy

According to a report by www.ksta.de, CDU leader Friedrich Merz made it clear at a CDU economic congress that he believes a fundamental change in German economic policy is necessary. He emphasized that economic policy needs to be fundamentally changed, not just with small adjustments. In particular, he criticized the concept of citizen's money and emphasized that the national economy should be in the foreground before talking about social policy. Merz also spoke out against individual funding for electric cars and instead advocated expanding the infrastructure with charging stations.

Friedrich Merz's proposal for a fundamental change in German economic policy could have far-reaching effects on the market and the financial sector. If these changes are actually implemented, changes can be expected in the areas of social policy, electromobility and general economic development. Investments and subsidies would have to be adjusted accordingly, which can affect many companies and also consumers. A realignment of economic policy could also have long-term consequences for Germany's competitiveness and the international perception of the location.

It remains to be seen whether Friedrich Merz's proposals will meet with broad approval in the political landscape and among voters. However, if they are implemented, noticeable changes can be expected in the German economy and thus also in the financial markets.