Merz: The state's role is to establish the framework, not replace the market
Berlin, November 5 (Hibya) - German Chancellor Friedrich Merz stated that the state must create the necessary conditions for freedom and competition to flourish, emphasizing that rather than replacing the market, it should protect property rights, provide infrastructure and financing opportunities, and enforce clear rules.
German Chancellor Friedrich Merz shared his views on the role of the state in the economy and the market system in a statement posted on his social media account.
Stating that the state must create the necessary conditions for freedom and competition to flourish, Merz highlighted the importance of protecting property rights, providing infrastructure, offering financing opportunities and enforcing clear rules.
Merz emphasized that the state's fundamental responsibility is to establish the framework necessary for the market to function, stating, "The state's role is to establish the framework, not to replace the market."
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