Bundestag - Klingbeil wants to "make the Ministry of Finance an investment ministry"

It is a cold start for Finance Minister Klingbeil: consultations in Brussels, the tax estimate, a G7 meeting, all in the first two weeks of his office. The new Vice-Chancellor has mammoth tasks.

In his first speech as finance minister and vice chancellor, Lars Klingbeil made it clear how far he extends the concept of investment. His interpretation confirms what critics of the black-red debt plans feared.

In his first government statement, Finance Minister Lars Klingbeil speaks above all about competitiveness and economic growth. The question arises: How socially democratic can a finance minister be?

Federal Finance Minister Klingbeil sees the new government's priority in bringing the economy on a growth path. He wants to turn his house into an investment ministry, said the SPD politician in the Bundestag. The excavators had to roll, the railway had to be on time and the fax machines had to be sent to retirement. Among the necessary reforms is a modernization of the debt brake.

Union and SPD want to tackle the debt brake, but don't know yet how. Now Finance Minister Klingbeil wants to quickly develop ideas and organize a two-thirds majority in the Bundestag.

The Ministry of Finance is to become an investment ministry, which the new finance minister Klingbeil announced in the Bundestag. In the afternoon he will present the tax estimate.