FT News Briefing The frontrunner to replace Angela Merkel talks the CDU and Germany’s economy
Jun 29, 2021
A US judge has thrown out antitrust lawsuits against Facebook, boosting its stock. Meanwhile, investors are reassessing strategies as the Federal Reserve hints at tighter policies. In Germany, Armin Laschet discusses his vision for the economy and how to balance climate goals with fiscal responsibility. He also addresses the intricate ties between Germany, the U.S., and China. As Germany prepares for elections, the political landscape shifts, reflecting ongoing concerns about inflation and global diplomacy.
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Balancing Economy and Ecology
- Laschet wants to maintain Germany's economic power while transitioning to carbon neutrality.
- He believes this can be achieved by focusing on innovation in key industries.
Laschet's Platform
- Armin Laschet, likely successor to Angela Merkel, emphasizes economic competence and climate policy.
- He aims to safeguard German economic strength through innovation, not by hindering Green initiatives.
Laschet's China Policy
- Laschet disagrees with Biden's aggressive approach to China.
- He prefers Merkel's strategy of maintaining communication and addressing concerns privately.