Appearing with Chancellor Friedrich Merz at a Chancellor’s Garden press conference, the three other leaders of the coalition parties enthusiastically praised the reforms.
Finance Minister Lars Klingbeil, co-leader of the centre-left Social Democrats (SPD), said he believed the reforms, with their emphasis on fairness, would have broad public support.
“The coalition has agreed on solutions that can be supported by the broad majority of our society,” Klingbeil said. He said he “strongly believes that these decisions will give new strength to our country.”
SPD co-leader Barbel Baas said the package would “really ensure that the economy grows again, that we achieve growth and secure jobs while maintaining social balance, and above all, that we strengthen solidarity within our country.”
Meanwhile, Markus Söder, leader of Bavaria’s conservative Christian Social Union, described the package as “well-crafted”.
Each coalition partner would like to see more in certain areas, he said. “But alliance means compromise.”
“We’re making progress,” Soder said. He said that while the package itself was not a “big bang”, it was another step away from economic stability.