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Germany’s Would-Be Leader Touts His Recipe for a Growth Miracle
For Chancellor-hopeful Friedrich Merz, the keys to unlocking a new era of prosperity lie in revisiting the policies that helped drive Germany’s postwar economic miracle. The Christian Democratic Union leader vying to succeed Olaf Scholz is touting a distinctly pro-business agenda of lower taxes, less regulation and fewer handouts informed by a decade of rubbing shoulders with the country’s executives. Confidants of 69-year-old Merz say the policy mix employed after 1945, which combined a free market with social protections, has shaped his vision of how to shake off the funk afflicting Germany today. A career ... (full story)