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BASF CEO urges swift German government coalition talks
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BASF CEO urges swift German government coalition talks
Feb 28, 2025 3:28 AM

LUDWIGSHAFEN, Germany Feb 28 (Reuters) - The CEO of

German chemicals group BASF urged the prospective

German coalition partners - Friedrich Merz's conservatives and

the Social Democrats - to come to an agreement to form a

government fast and support the economy.

In a press conference after the release of financial

results, CEO Markus Kamieth said that the two parties "need to

get their act together" and focus negotiations on a limited

number of the most important topics.

He also said that the prospect of new U.S. tariffs would not

change BASF's long-term investments across world regions because

chemical plants were built to run for decades.

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