00:00Both, Germany and Europe, have wasted incredible potential for growth in recent years
00:06by dragging feet on reforms and unnecessarily and excessively curtailing entrepreneurial freedoms and personal responsibility.
00:16We are going to change that now.
00:20Security and predictability take precedence over excessive regulation and misplaced perfection.
00:27We must reduce bureaucracy substantially in Europe.
00:31The single market was once created to form the most competitive economic area in the world.
00:37But instead, we have become the world champion of over-regulation.
00:43That has to end.
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