Saturday, November 12, 2016

Highways: the coalition is arguing for the privatisation of motorways – TIME ONLINE

The SPD rejects, parts of the Union are: In the Grand coalition for a conflict to part-privatisation of the car there seems to be tracks. As the mirror reported, Finance Minister Wolfgang Schäuble (CDU), to involve private companies on long-distance transport. Economy Minister Sigmar Gabriel (SPD) had, however, to announce that highways “remain in the inalienable ownership of the Federal government”.

the Federal government and the States had already agreed in mid-October that a privately organised infrastructure company will be established, which takes care of the construction and operation. In the decision it is also, in the basic law, the inalienable property of the Federal government on highways and roads should be written””. There is a Consensus about. This does not mean, however, that the operator company shall alone belong to the Federal government.

CDU politician Wolfgang Schäuble, and several other Union politicians, private companies want to participate in the society. You should be able to acquire up to 49.9 percent of the shares. The state would receive money for his ailing infrastructure. By contrast, the SPD is locked: “The plans of Mr Schäuble will not be in this Form reality, since he has no majority in the Bundestag,” said SPD parliamentary group Deputy Sören Bartol. An Amendment to the basic law will give it only with a double privatisation brake: “The wholly-owned inalienable property of the Federation must be written for the infrastructure as well as for the society in the basic law.”

A spokesperson of the SPD-led German Federal Ministry for economic Affairs, said that the Position of Minister Gabriel was very clear: “There will be no privatisation of roads nor the Federal highway society.” Schäuble’s Ministry wanted to take with reference to the ongoing discussions in the Federal government and with the countries. Without the SPD Schäuble gets no amendment to the basic law for the plans. Currently, the Federal government gives the money for motorways and Federal roads, while the countries for the design and Build are responsible.

Restrained, the budget policy spokesman of the Union Bundestag group, Eckhardt Rehberg (CDU) said. “Personally, I see no need to involve private companies on the Federal motorway company,” he said the Newspapers of the Funke media group. He noted, however, that in the Union group is still no consensus.

the involvement of private companies in the operating company would be in line with the banking and insurance industry, which calls for a better access to infrastructure projects. Because of the low interest rates the financial institutions are looking for long-term forms of investment with a secure return on investment. However, a partial privatisation could lead to motorists are asked to pay. Insurance companies and banks would only invest billions of euros, but also want to earn. Already in the spring of Schäuble had announced on the day of German construction, public roads would need to be financed-oriented in the future, “more users”.

in addition to the SPD, the Greens are strictly against the plans. “We don’t want highways to be for-profit investment properties for banks and insurance companies are the drivers at the expense of the car,” said Deputy parliamentary leader, Oliver Krischer. The taxpayer would have the highways already paid for once. The Frankfurt constitutional lawyer Georg Hermes spoke of a “creeping privatisation” of the road network.


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