Financial policy - Dulig relieved after budget agreement of the traffic light coalition
Saxony's Economics Minister Martin Dulig has expressed his relief following the federal government's agreement on the budget. "I am incredibly happy that a decision has been made today," the SPD politician told the German Press Agency on Wednesday. Every day longer would have minimized the basis of trust, said Dulig. The Minister saw it as a positive sign that, despite the budget crisis, the traffic light government intends to maintain the billions in subsidies for industrial projects in eastern Germany. This was confirmed by Michael Kellner, Parliamentary State Secretary in the Federal Ministry of Economics. These include subsidies for Intel's chip factories in Magdeburg and TSMC in Dresden. The chip company TSMC wants to build a semiconductor plant in the Saxon state capital. The investment sum is around ten billion euros. The federal government had announced its intention to support the construction with up to five billion euros.
Dulig was confident that the promised support for the semiconductor industry would be forthcoming. "Anything else would have been unimaginable for me". Now the money must flow in concrete terms, Dulig demanded. This is not just about the chip industry, but also about hydrogen and the transformation of industry in general. The settlements are strategically important for Saxony and Europe because they reduce dependencies on Asia and America and help to secure supply chains for domestic industry and SMEs.
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Source: www.stern.de
