Level 2 minimal - vdma.org

A restructuring of the EU budget must not mean new levies for companies. That would be an own goal for investments in Europe.

Companies now need real economic stimulus such as the investment program. It must no longer be watered down in the negotiations with the federal states.

SMEs suffer particularly from the high bureaucratic burden. A recent study shows that the costs of regulations can even exceed the ROI. Information obligations and occupational health and safety requirements are particularly burdensome.

To ensure the competitiveness of the mechanical and plant engineering industry, the VDMA is calling for reliable economic framework conditions. A strong industry means a strong economy.

Less bureaucracy, a maximum tax rate of 25% and an efficient infrastructure are essential to ensure competitiveness. Germany will only remain a strong industrial location through bold reforms.

The EU rightly wants to put the structure of its budget to the test. Scarce resources must be managed efficiently, innovation and competitiveness must be at the top of the agenda.