"CDU veteran Wolfgang Bosbach issues a grave prediction: German businesses may cease operations within the next five years"
In an interview with Börse ONLINE, Wolfgang Bosbach, a prominent CDU politician, has sounded the alarm for immediate action to preserve Germany's economic and social stability. Bosbach, known for his strong stance on economic matters, emphasised the need for fundamental reforms in tax, pension, and social policy to ensure the nation's prosperity.
Bosbach highlighted the importance of supporting businesses in Germany, underscoring that signalling improvements in framework conditions could lead to economic growth. He called for a return to a more business-friendly policy, one that would reduce bureaucracy and focus on affordable, secure energy.
The CDU politician expressed concern about the current fiscal and tax policies of the federal government, stating they contradict the goals of the "debt brake." He predicted a bleak future for the German economy, stating that in five years, energy-intensive companies could leave Germany due to high energy costs.
In light of this, Bosbach advocated for tax cuts as a key demand for Germany's future economic growth. He also emphasised the necessity of a reform of the pension system, arguing that it is indispensable for the long-term well-being of the nation.
Bosbach warned that Germany will lose its competitive edge in the long run and significance in the global economy if no fundamental reforms are made. He did not discuss why the situation is so serious in this article, nor did he reveal who the Union can form a coalition with in the new elections.
However, Bosbach has been a vocal critic of the current government's economic policies, recently accusing them of leading to an impending economic crisis in Germany. He emphasised the need for social justice, stating that both those who receive social benefits and those who work hard to make them possible deserve it.
In a call to action, Bosbach urged politics to set the course for the future before it's too late, warning of an impending economic downturn if change does not happen now. His interview with Börse ONLINE serves as a reminder of the urgent need for reforms to secure Germany's economic future.
- Bosbach underlined the significance of implementing tax cuts to foster Germany's future economic growth, emphasizing their importance in tandem with reforms in the business environment.
- The CDU politician highlighted the need for a comprehensive overhaul of the pension system, stressing its indispensable role in ensuring the long-term prosperity of the German nation.
- In his interview, Bosbach urged the political sphere to address policy-and-legislation issues urgently, particularly with regards to business-friendly policies, affordable energy, and efficient fiscal management, to prevent a potential economic downturn.
