Germany 17th Bundestag election results announced on the night of 27, Germany the incumbent Prime Minister Merkel successful re-election. Merkel announced that her leadership of the Alliance Party (by base RCD and radical social League) and the Liberal Democratic Party to expedite the process of setting up the new session of the Government of Germany. The change by the large coalition Government Germany as a big party with a small party of the coalition Government, in the right of their economic policies toward worthy of attention.
From the Alliance Party and the Liberal Democratic Party's election platform you can see the future of economic policy in Germany: an outline. Alliance party announced in June of this year's election platform, if continued ruling after election, will contribute to Germany in the next 4 years tax of 150 million euros to stimulate economic recovery and economic development while solving the employment problem. Merkel said that if the power to find effective means to deal with economic crisis and avoid the recurrence of such a crisis will be the she and the primary task of the Alliance Party.
Alliance Party proposed specific measures including: income tax, starting rates for the two phases from 14% to 12%, the highest rate of 42% threshold from EUR 52882 to 60000 euros. In family policy, be exempt from the income of the family from the current € 6024 to 8004 euros. Children's home education, kindergarten, the Government will release a child care expenses. Family if birth 3 tire, will receive more financial subsidies. Alliance Party also promised to modify enterprise tax to avoid Enterprise profitability but also to pay property taxes. The party opposed to the introduction of the statutory minimum wage, but stressed that a minimum income (wages and Government grants) should be able to guarantee citizens ' fundamental life in degrees. In energy policy, Merkel from economic interests into account, the intention to extend Germany currently has the life of nuclear power plant, but oppose the new nuclear power plant.
But the liberal political agenda's core objectives is to improve the investment environment and create more employment opportunities. The Party firmly advocates economic liberalism that countries should reduce the intervention on the market. Specific measures include: income tax, the tax rate is divided into three parts: 2 million euros following tax 10%; 2 million euros to 5 million euros tax of 25%; more than 5 million euros were taxed 35%. In family policy, be exempt from the income of the family from the current € 6024 to 8004 euros, improving child supplement, and is committed to further privatization of health systems.
After the general election, the Alliance Party and the Liberal Democratic Party will hold consultations on the Government's Cabinet.
The current economic situation in Germany remains grim, overall economic decline has not been out of the shadow, the vitality of economic growth, fiscal deficits, unemployment rates have increased substantially. Germany's Government is expected this year there will be a negative growth of 6%.
How to promote economic growth, while at the same time as soon as possible to solve the unemployment problem is Germany's new Government, together with the difficult challenges ahead. Analysts believe that excluding the impact of international economic downturn, the labour market prospects for economic growth in Germany is one of the major factors. Because enterprise credit hard to lead to increased bankrupt enterprises, even though the Government constantly supplementary budget, deficit, but enterprise financing is still unable to solve.
The Organization for economic cooperation and development, said Germany Government 850 billion euro economic stimulus plan effectively alleviate the economic decline this year, and contributed to the speed of the economic recovery in 2010, but the labor market situation is worrying. Once the unemployment rise, Germany consumption and investment.
Germany's economic expert Professor Friedrich oest, the current Government to stimulate the economy launched a series of measures have led to the Treasury, in the long run, the Government must reduce the huge debt.
There is no doubt that in Germany before the election, parties for campaign needs are best to evade reduce expenditure and raise revenue. Once the new Government came to power, reduction of social welfare expenditure for fear of difficult to avoid. Analysts expected, Germany's new Government will continue to strengthen the stability of the financial regulation, financial situation, while encouraging technology innovation, breakthrough renewable energy, focus on creating sustainable development of the "green economy".
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