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Economics Minister warns: Saxony-Anhalt is threatened with a crisis in the chemical industry!
Economics Minister Schulze warns of dangers for Saxony-Anhalt's chemical industry from high energy prices and calls for policy changes.
Economics Minister warns: Saxony-Anhalt is threatened with a crisis in the chemical industry!
In Saxony-Anhalt there are worrying developments in the economy, especially in the chemical industry. Economics Minister Sven Schulze (CDU) expressed alarm about the persistently high gas and oil prices, which mean that products from the region are no longer competitive on the global market. This situation not only has local effects, but also threatens the economic stability of the state.
Schulze also criticizes the federal government for its current economic policy, which, in his opinion, does not address the challenges facing industry. He fears that a stronger confrontation with Brussels, for example regarding climate neutrality goals, would make sense in order to slow down the pace of regulatory measures. “We are dependent on large economic nations such as the USA, China or India,” says Schulze and calls for a rethink in German economic policy, which should rely less on bans. He is skeptical as to whether this can be achieved under the current government, led by Robert Habeck.
Federal government sees decline in economic performance
In response to these developments, Federal Economics Minister Robert Habeck (Greens) announced a growth package that would include tax relief and reduced electricity prices. However, he also faces the challenge that the federal states, which fear that these measures will generate less tax revenue, could potentially block some of the proposals in the Bundesrat.
The challenges in Saxony-Anhalt reflect the broad concerns that many companies in Germany currently have. It remains to be seen whether the measures announced by the federal government will be sufficient to alleviate the economic problems and ensure the long-term competitiveness of German industry. For deeper insights into the topic the article on www.mdr.de comprehensive information.