The Federal Chancellor, Friedrich Merz of the CDU, addressed the Bundesrat on Friday, urging its support for the investment package proposed by his government. Speaking during his inaugural address to the Länderkammer in Berlin, Merz emphasized the package’s objective of revitalizing long-term economic growth within Germany.
He articulated that this growth would generate financial benefits for all levels of government, including local municipalities. To achieve this, Merz stressed the urgency of restoring Germany’s attractiveness for private investment.
The Chancellor asserted that the proposed investment package will enhance the nation’s appeal and competitive edge. He cited specific measures included within the package, such as the introduction of accelerated depreciation and a reduction in corporate tax rates, as key components in achieving this goal.