Minister of Economic Affairs - Steinbach: Budget decisions show light and shade
Brandenburg's Economics Minister Jörg Steinbach (SPD) sees light and shade in the agreement reached by the traffic light coalition in the budget dispute. "The competitiveness of German industry remains protected," said the minister in a statement on Thursday. Important transformation projects are on a solid footing. This also applies to the development of the hydrogen core network and the conversion of steel production in Eisenhüttenstadt. Steinbach also praised "the funding of the climate agreements" and "the unabridged continuation of the GRW program". GRW programs are funds provided by the federal and state governments to strengthen the regional economy.
On the other hand, Steinbach described the increase in the CO2 price and the discontinuation of the subsidy for transmission grid fees as "painful". However, it should be noted that the abolition of the EEG levy and the reduction in grid fee payments will keep the burden on Brandenburgers' wallets "within reasonable limits".
Following the Federal Constitutional Court's budget ruling, the coalition government reached an agreement on Wednesday on how it intends to close the billion-euro gap in the 2024 federal budget. Savings and cuts are planned, which will also affect consumers in terms of electricity, gas and petrol prices. Savings are to be made primarily by abolishing climate-damaging subsidies, making cuts to the budgets of individual departments and reducing federal subsidies.
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- In a statement, Brandenburg's SPD Minister of Economic Affairs Jörg Steinbach highlighted the protection of Germanindustry's competitiveness in the budget agreement reached by the traffic light coalition.
- The agreement also secured the continuation of crucial transformation projects, such as the development of the hydrogen core network and steel production conversion in Eisenhüttenstadt, praised by Steinbach.
- Despite acknowledging the painful increase in the CO2 price and discontinuation of the transmission grid fee subsidy, Steinbach reassured that the burden on Brandenburgers' wallets would remain manageable due to the abolition of the EEG levy and reduced grid fee payments.
- The coalition government, following the Federal Constitutional Court's budget ruling, secured an agreement on Wednesday to close the billion-euro gap in the 2024 federal budget, with savings and cuts affecting consumers in electricity, gas, and petrol prices.
- Jörg Steinbach, Minister of Economic Affairs in Brandenburg and a key member of the SPD, played an instrumental role in advocating for the party's interests in the budget dispute resolution, emphasizing the positive aspects while acknowledging challenges.
Source: www.stern.de
