2 de novembro de 2009

Alemanha: a experiência dos outros

Mudança de rumo da política económica alemã interessante. Não pode ser seguida por Portugal, mas favorece-nos:

"Faced with the contradictory problems of rapidly emptying state coffers and an economy still reeling from this year’s recession, Ms Merkel has opted to fight the crisis with an injection of funds on an unprecedented scale. The new “black-yellow” coalition between her Christian Democrats and the FDP plans to cut income and corporate taxes by €24bn ($35bn, £21bn) a year up to 2013 – a boost equivalent to about 1 per cent of gross domestic product. “Just saving, saving, saving will not do us any good,” she said when presenting her plan. “This is why we have decided to follow a path that concentrates on growth” rather than focus on fixing the federal budget.” 

Though she has been careful not to call it a third fiscal stimulus, this is in effect what Ms Merkel is proposing for Europe’s largest economy. If this programme – the centrepiece of the coalition agreement – works, it should in theory boost growth, save jobs and create new ones, helping generate the tax and social security contributions needed to bring Germany’s fiscal house back into order. If it fails, Berlin will see its margin for manoeuvre constrained anew."

 Ler em FT.com / Comment / Analysis - Merkel’s bold gamble.

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