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Can Friedrich Merz still fix Germany? | Financial Times 05.02.2025

The frontrunner to become chancellor has bold plans for economic reform, but a flirtation with the far right has hurt his campaign.


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Nevertheless, “this Agenda 2030 has hit a nerve because there has not been a tax reform for 15 years, and because the Agenda 2010 [of SPD chancellor Gerhard Schröder] turned Germany from the sick man of Europe into a very competitive economy,” says Armin Steinbach, professor of tax policy at HEC Paris.

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