Cabinet agrees on measures to promote upswing

24th August 2007, Comments 0 comments

24 August 2007, Berlin (dpa) - The German government set out Friday a series of goals to strengthen the country's economic upswing as Chancellor Angela Merkel's coalition approached the half-way point of its term.

24 August 2007

Berlin (dpa) - The German government set out Friday a series of goals to strengthen the country's economic upswing as Chancellor Angela Merkel's coalition approached the half-way point of its term.

The measures include setting new targets to reduce greenhouse gas emissions and allowing in more foreign experts to combat a mounting skills shortage, Merkel told a news conference in Berlin.

"We don't want anyone to be left behind," the chancellor said at the end of a two-day cabinet meeting held at the government guest house in Meseberg, 70 kilometres north of the capital.

A document released after the meeting listed five key areas in which the government hoped to chart the course until the next general election set for September 2009.

Under the heading "Upswing, Participation, Prosperity," the paper also outlined measures to create more jobs and protect sensitive sectors of German industry from unwelcome takeovers.

Following inconclusive elections in September 2005, Merkel formed a broad "grand coalition" of the major forces in German politics, the conservative Christian Democrat/Christian Social Union alliance and the left-of-centre Social Democrats.

The coalition has enjoyed broad success in managing an upturn in the German economy, reducing the budget deficit, cutting unemployment and leading Germany to a prominent role on the international stage and in the European Union.

But politicians on both sides are agreed that the arrangement is unlikely to continue through the next elections.

DPA

Subject: German news

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