Germany's Merz to press cabinet for faster pro-growth reforms
BERLIN: German Chancellor Friedrich Merz will urge his cabinet next week to accelerate reforms aimed at easing the burden on businesses and reviving economic growth, the Bild am Sonntag newspaper reported on Sunday. “At stake in Germany are growth and employment. That is the most important issue,” Merz told the newspaper ahead of a cabinet retreat in Neuhardenberg, Brandenburg. “So full…
German Chancellor Friedrich Merz plans to push his cabinet to speed up reforms that will alleviate the strain on businesses and stimulate economic growth, according to Bild am Sonntag. Speaking ahead of a cabinet retreat in Neuhardenberg, Brandenburg, Merz emphasized that growth and employment are the country's most crucial issues.
He urged ministers to focus on swiftly implementing reforms that were agreed upon before the summer break, such as changes to taxes, pensions, deregulation, and digitalization. Merz, who heads the conservative Christian Democratic Union, stated that the government's main priority is to provide "rapid and comprehensive relief for the economy," especially for small businesses and tradespeople.
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