Добавить новость
News in English
Новости сегодня

Новости от TheMoneytizer

Germans should work more – Merz

The chancellor, who has increasingly been channeling public funds into the country’s militarization, has criticized his compatriots’ labor ethic

Germans should put in more work to revive the country’s moribund economy, Chancellor Friedrich Merz has stated.

Merz, who once chaired the supervisory board of BlackRock in Germany, has also acknowledged the country’s “strategic mistake” of abandoning nuclear power and cutting itself off from cheap Russian oil and gas, which have forced up energy prices and sent the economy into a two-year recession.

In a speech on Wednesday, the chancellor lamented that “labor costs in our country are simply too high,” while the “productivity of our economy is not high enough.”

He urged Germans to commit to “greater economic output… through more work.”

“With work-life balance and a four-day week, the prosperity our country enjoys today cannot be maintained in the future - and that’s why we have to work more,” Merz insisted.

Read more
German businesses sound alarm over record bankruptcies

Last August, the chancellor stated that the “welfare state as we have it today can no longer be financed with what we can economically afford.” He noted that welfare spending hit a record €47 billion ($55 billion) in 2024, and continued to rise.

That same month, Merz acknowledged that the German economy had slid into a “structural crisis,” with large sectors “no longer truly competitive.”

In spite of these adverse economic trends, Merz prioritized the militarization of the country, citing a perceived Russia threat. Moscow has repeatedly dismissed claims that it harbors aggressive intentions toward its Western neighbors as “nonsense.”

In May, the chancellor pledged to transform the German military into the “strongest conventional army in Europe.”
To this end, the German government has changed its budget rules to permit long-term defense spending beyond the €100-billion fund.

Last October, Politico, citing internal government documents, claimed that Berlin was planning to shell out some €377 billion ($440 billion) for a comprehensive rearmament program, which is expected to stretch beyond the 2026 budget.

Читайте на сайте


Smi24.net — ежеминутные новости с ежедневным архивом. Только у нас — все главные новости дня без политической цензуры. Абсолютно все точки зрения, трезвая аналитика, цивилизованные споры и обсуждения без взаимных обвинений и оскорблений. Помните, что не у всех точка зрения совпадает с Вашей. Уважайте мнение других, даже если Вы отстаиваете свой взгляд и свою позицию. Мы не навязываем Вам своё видение, мы даём Вам срез событий дня без цензуры и без купюр. Новости, какие они есть —онлайн с поминутным архивом по всем городам и регионам России, Украины, Белоруссии и Абхазии. Smi24.net — живые новости в живом эфире! Быстрый поиск от Smi24.net — это не только возможность первым узнать, но и преимущество сообщить срочные новости мгновенно на любом языке мира и быть услышанным тут же. В любую минуту Вы можете добавить свою новость - здесь.




Новости от наших партнёров в Вашем городе

Ria.city
Музыкальные новости
Новости России
Экология в России и мире
Спорт в России и мире
Moscow.media






Топ новостей на этот час

Rss.plus





СМИ24.net — правдивые новости, непрерывно 24/7 на русском языке с ежеминутным обновлением *