Chancellor Friedrich Merz highlighted Germany's commitment to leadership in Europe during a recent Bundestag budget debate. He criticized Russia for its aggressive actions against Ukraine, vowing to do everything possible to prevent further escalation. Merz announced efforts to negotiate a new trade agreement with the US to lower tariffs. He described a significant shift in economic policy, overcoming three years of stagnation, as research institutes begin to raise growth forecasts. Additionally, he promised reforms in housing, education, and welfare, including a new citizen's income to provide basic support.
Chancellor Merz emphasized that Germany is fulfilling its international obligations by taking a leadership role in Europe, condemning Russia's actions as a criminal regime threatening Ukraine's existence.
Merz announced ongoing negotiations to establish a trade agreement with the lowest possible tariffs between the European Commission and the US, acknowledging the challenges involved.
The chancellor described a 'turning point' in economic policy made feasible by accepting high new debt levels, leading to improved economic forecasts and national optimism.
Merz promised reforms in housing and education, including the introduction of a new citizen's income (Burgergeld) aimed at establishing a basic income.
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