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Cancellation of stimulus packages: Altmaier expects "moderate economic growth" in 2019


TIME ONLINE | News, backgrounds and debates

Berlin (dpa) - Federal Minister of Economics Peter Altmaier has been cautiously optimistic about the further development of the German economy.

"After years of strong growth, we are currently in a weak economy, but not in a recession," said the CDU politician to the newspapers of the Funke media group. "We have to wait and see how the third and fourth quarters develop. However, we assume that there will be moderate economic growth for the full year 2019. »

The recent economic figures are a "strong appeal to politicians to improve the framework conditions for economic growth," said Altmaier. Above all, relief for the middle class is necessary. One could put together a "very good package" with a corporation tax reform "which, in particular, makes partnerships better, and a binding commitment to the complete abolition of the solidarity surcharge".

He did not think it was out of the question for the SPD to agree to his idea of ​​a complete abolition of the soli supplement after she had clarified her leadership questions, Altmaier said. He spoke out against a stimulus package: "Economic stimulus fizzles like straw and burn only money in the end."

Altmaier advocated "doubling" efforts to reach a trade agreement between the US and Europe. This will be a priority task of the new EU Commission. The danger of American punitive tariffs on German cars was "not banished". But he considers an agreement on an industrial customs agreement with the United States possible. The unresolved trade conflicts also pushed down American growth.

Source: zeit

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