Cabinet retreat: Merz steps up the pace - "Want to get out of the growth weakness"
The Federal Chancellor is switching to reform mode. The coalition wants to "lead our economic model into a new era". To do this, Merz is getting himself some well-known support.
German Chancellor Friedrich Merz has convened a two-day cabinet retreat in Neuhardenberg, Brandenburg, to focus on growth, innovation, and modernization. Merz emphasized the need to boost Germany's competitiveness, particularly in the face of global challenges such as climate change and technological advancements. The government has invited industry leaders, including Siemens CEO Roland Busch and Cohere CEO Aidan Gomez, to provide input on improving the business environment and promoting innovation.
Merz also addressed recent concerns, including a drone incident at Leipzig airport and the need for a stronger industrial policy, amid criticism from business leaders and unions that the government must take concrete action to support the economy.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Commentary: Merz says what few people want to hear handelsblatt.com
