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Günther: Clarity after agreement on budget

Following the agreement on the budget by the traffic light coalition, Saxony's deputy head of government Wolfram Günther (Greens) is now demanding clarity on the impact on the state. "Now there must be clear statements on what the budget agreement means for specific projects, i.e. for the TSMC...

Wolfram Günther (Bündnis90/Die Grünen), Deputy Head of Government of Saxony. Photo.aussiedlerbote.de
Wolfram Günther (Bündnis90/Die Grünen), Deputy Head of Government of Saxony. Photo.aussiedlerbote.de

Deputy Head of Government - Günther: Clarity after agreement on budget

Following the agreement on the budget by the traffic light coalition, Saxony's deputy head of government Wolfram Günther (Greens) is now demanding clarity on the impact on the state. "Now there must be clear statements on what the budget agreement means for specific projects, i.e. for the TSMC relocation, for the Saxon solar industry, for the decarbonization of the steel and chemical industries and for others," he said in Dresden on Wednesday.

"The Ampel has made a clear commitment to the Climate and Transformation Fund. That is important. Because it is the basis for jobs, value creation and international competitiveness in a future climate-neutral economy," emphasized Günther. This also applies to Saxony. "With our chip industry, our solar industry, our hydrogen economy and our energy-intensive companies, core concerns of this transformation are affected."

After days of negotiations, the leaders of the traffic light coalition reached an agreement on the federal budget for 2024. According to Chancellor Olaf Scholz (SPD), the SPD, Greens and FDP want to stick to their central goals, but see themselves forced to make cuts and savings following the Federal Constitutional Court's budget ruling. "We don't like making them, of course, but they are necessary so that we can get by with the money we have available," said Scholz in Berlin on Wednesday.

The German government announced in the summer that it would support the construction of a semiconductor factory by Taiwanese chip company TSMC in Dresden with up to five billion euros. This corresponds to around half of the planned investment sum.

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  1. In response to the budget agreement, the SPD's Olaf Scholz, along with the Greens and FDP in the traffic light coalition, acknowledged the need for cuts and savings in some areas, as advised by the Federal Constitutional Court.
  2. The relocation of TSMC, a Taiwanese chip company, to Dresden received support from the German government this summer, with a potential investment of up to five billion euros, approximately half of the total sum.
  3. Wolfram Günther, the deputy head of government in Saxony and a member of the Greens, emphasized the importance of the Climate and Transformation Fund for the region, as it would create jobs, stimulate value creation, and maintain international competitiveness in a future climate-neutral economy.
  4. Günther highlighted the significance of various sectors like Saxony's chip industry, solar industry, and energy-intensive companies in achieving climate transformation, as these sectors are critical for the region's growth and development.
  5. The budget agreement between the three parties in the traffic light coalition also covers financial support for decarbonizing the steel and chemical industries in Saxony, which are vital contributors to the region's economy.
  6. Saxony's political leaders, such as deputy head of government Günther, will now push for clarity on the specific impact of the budget arrangement on their local projects and priorities, ensuring that essential industries like solar, semiconductors, and hydrogen continue to thrive.
  7. Germany and its leaders, such as Chancellor Scholz, have a responsibility to balance the needs of various industries, like the coalition's green commitments, with practical solutions that will foster economic growth and environmental protection in the long term.

Source: www.stern.de

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