On Labor Day, German Federation of Trade Unions (DGB) Chairwoman Yasmin Fahimi criticized the role of the SPD in the traffic light coalition. She urged the party to clarify its unique selling points and differentiate itself from other political groups. Fahimi expressed concern about some members of the coalition pushing neoliberal ideas during the crisis and emphasized the importance of developing strong economic and labor policies.
Fahimi also warned that energy-intensive industries in Germany were facing challenges with costs and future investments due to differences in subsidy policies in other countries such as the USA and China. She highlighted the need for targeted state support for businesses where energy costs are uncompetitive, while opposing blanket tax cuts. Fahimi emphasized job security when providing subsidies, stressing the importance of navigating digitalization and innovation with state support, including job guarantees in return for investments.
In conclusion, Fahimi underscored the importance of balancing economic stability with industrial sustainability and job security. She advocated for strategic state support in critical industries and innovation to prevent migration and ensure a strong future for the German economy.
