Angela Merkel has launched her election campaign for the September general election.
In front of 750 delegates from the conservative CDU and CSU coalition, Merkel announced she would be following a simple and easy-to-understand course: get Germany out of its economic crisis. “Even if you only get one centime of a pay rise it should be going in your pocket, and not to the finance minstry. We can only do that with an innovative and solid bugetary policy,” she said. It is a return to traditional economics, with no hint of the liberal reforms of her campaign in 2005. Merkel is thus making a strong bid for the centreground of German politics to ensure four more years in charge of Europe’s number one economy suffering its worst recession since the second world war. Public debt this year is expected to hit six percent of GDP next year, and unemployment to go through the four million mark. Social market economics are being called into action, with the German right stealing the SPD’s clothes while also promising tax cuts worth 15 billion euros. If Angela Merkel wins she aims to form a right-wing coalition with the FDP, and abandon her grand coalition partners of the last four years, the SPD.