12 December 2012 17:43 [Source: ICIS news]
The elections will likely be held in late September, with Chancellor Angela Merkel seeking the re-election of her Christian Democrat-led coalition government.
Kley said that in light of the ongoing campaigning, politicians and legislators could defer decisions on a number of political projects and issues important to
The president of Frankfurt-based VCI pointed in particular to planned changes in
Kley also warned against tax increases that have been proposed by some politicians and parties in the run-up to the election.
As such, it was wrong to begin a discussion about new or higher taxes, which could harm the country’s many smaller and medium-sized industrial firms, including chemical producers, he said.
At the same time, the government must not neglect to continue promoting free trade in 2013, Kley added.
He pointed to the EU’s trade with the
“The competitiveness of
In light of the difficult global economic situation,
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