Konjunktur: Ökonomen kritisieren „unklare Wirtschaftspolitik“ und den Tankrabatt
Kurzfristig wächst die deutsche Wirtschaft wieder stärker. Doch das politische Hin und Her bei geplanten Reformen bremse Ausgaben und Investitionen, warnen die Wissenschaftler.
Düsseldorf - Germany's top economic researchers have criticized the "unclear economic policy" of the federal government and called for a more transparent reform course. Despite short-term growth prospects being significantly better than a few months ago, long-term problems remain unresolved, said representatives from the five leading institutes at a Thursday presentation of their autumn report.
Stefan Kooths, head of the prognostic center at the Kiel Institute for Economic Research, lamented that reform packages were announced and changed month by month, unsettling both investors and the public, and leading to reluctance in spending and investment. "What is needed is a climate in which people again have confidence that this country is moving forward reasonably again," said Oliver Holtemöller of the Leibniz Institute for Economic Research in Halle (IWH).
He added that economic researchers were not in a position to endorse or reject individual policy ideas, such as the end of the "pension at 63." However, it was clear that pension expenditures were straining the federal budget and would, in the long run, cause higher debt and higher borrowing costs, putting financial stability of the federal finances under pressure.
Lower pension spending was not the way forward, according to these experts, unless the Bund was willing to increase its permanent debt.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
