Economic policy: German Economic Institute warns of consequences of AfD policy

Economic policy: German Economic Institute warns of consequences of AfD policy

The employer-related Institute of the German Economy (IW) has warned of the consequences of the Economic policy the AfD warned. If Germany leaves the European Union and the Eurozone, “it could lose around ten percent of its economic output,” said the head of the Berlin IW office, Knut Bergmann Rhenish Post. Transfer a study to the actual ones Brexit-Consequences for Germany would mean a loss of prosperity of 400 to 500 billion euros annually. As an export country, Germany would be hit hard by an EU exit, said Bergmann. 2.2 million jobs would be threatened.

“The AfD is – contrary to what it likes to pretend – not a party for little people,” Bergmann continued. Top earners in particular would benefit from their tax plans. It is important to provide the party with content and make the consequences clear to voters.

The AfD chairwoman Alice Weidel recently had the possibility of a referendum on Germany leaving the EU brought into play. A government led by her party would try to reform the EU and give member states more sovereignty, she said Financial Times. If this does not succeed, in her opinion there should also be a referendum in Germany on remaining in the EU, as was the case in Great Britain in 2016.



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