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The Corliss Group Latest Articles, Merkel Shifts Focus to Ec

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Merkel Shifts Focus to Economy Warning SPD Tax Plans Cost Jobs





Chancellor Angela Merkel turned the campaign focus to her stewardship of Europe’s biggest economy, warning that plans by the opposition Social Democrats to raise taxes would upend Germany’s robust labor market.


Merkel used a rally in the eastern town of Wernigerode yesterday to dismiss the notion that the government must create jobs, instead touting her Christian Democratic Union party’s alliance with business. She redoubled her attacks on SPD chancellor candidate Peer Steinbrueck’s planned tax increases for the wealthier as “poison” for the economy.


Merkel is campaigning on her record of driving unemployment down near a two-decade low and sheltering Germany from the worst of the euro-region debt crisis as she seeks a third term in the Sept. 22 election. Her case was bolstered today by figures showing the German economy picked up speed in the second quarter, driven by consumption and a rebound in investment.


Backing for the CDU and its Bavarian sister party, the Christian Social Union, held at 41 percent in an FG Wahlen poll for ZDF television released today, while her Free Democratic coalition partner gained a point to 6 percent. That’s enough to secure a rerun for Merkel’s current government if repeated on Election Day, and the first time in almost four years this poll has shown a majority for the present coalition, ZDF said.




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