25 March | Euro

Reuters: Friedrich Merz's policies face growing criticism in Germany

Reuters: Friedrich Merz's policies face growing criticism in Germany

A bold move by incoming German Chancellor Friedrich Merz to relax long-standing restrictions on government spending has drawn international acclaim, but sparked domestic backlash. This was reported by Reuters.

An INSA Institute poll found that 73% of German voters, including 44% of those supporting the Christian Democratic Union (CDU), were dissatisfied with the official's decisions. Reuters-consulted experts noted that Merz has largely failed to deliver on his campaign promises concerning the "debt brake".

Germany's incoming chancellor announced a dramatic shift in federal spending policy just nine days after the election victory. Last week, parliament approved the proposed changes, which aim to stimulate economic growth and expand defense expenditures, according to the news agency.

However, both German citizens and CDU supporters now worry they may bear the brunt of financing these new expenditures. Reuters analysts suggest Friedrich Merz's fiscal measures could potentially undermine social benefits and pension systems.

Elena Dorohina MarketCheese
Period: 04.04.2025 Expectation: 500 pips
RBA meeting outcome expected to bring AUDUSD back to a one-month low
Today at 10:11 AM 16
AntonVolkov
AntonVolkov

Listed among the best MarketCheese authors
1st in the segment "Currencies"
Period: 30.04.2025 Expectation: 15850 pips
Sellers amassing positions in BTCUSD targeting price decline to 67,150
Today at 09:03 AM 25
Alexandra_Belova
Alexandra_Belova

Listed among the best MarketCheese authors
1st in the segment "Crypto"
2nd in the segment "Currencies"
Period: 18.04.2025 Expectation: 2000 pips
Selling EURUSD from 1.0740
Today at 07:10 AM 38
Period: 07.03.2025 Expectation: 3238 pips
Tesla correction creates buying opportunity amid trade risks and supply data expectations
Today at 06:40 AM 9
Elizabeth_Kuzmicheva
Elizabeth_Kuzmicheva

Listed among the best MarketCheese authors
2nd in the segment "Metals"
Period: 07.04.2025 Expectation: 700 pips
Silver prepares to climb to $35 level for the first time since 2012
Yesterday at 10:35 AM 61
AntonVolkov
AntonVolkov

Listed among the best MarketCheese authors
1st in the segment "Currencies"
Period: 30.04.2025 Expectation: 5000 pips
SPX correction to be over soon
Yesterday at 09:38 AM 49
Go to forecasts