"Companies are in some cases backed up against the wall or standing with one foot over the edge. That's why we have to deliver results quickly here,"
"On Wednesday, the government plans to adopt a modernization agenda for state and administration that would cut bureaucracy costs by 25%, or 16 billion (nearly $19 billion), partly by reducing federal staff levels by 8%."
"Almost five months after being sworn in, the conservative-Social Democrat federal cabinet is holding its first retreat, hoping to rebuild team spirit after a rocky start."
Almost five months after being sworn in, the conservative–Social Democrat federal cabinet is holding its first retreat at Villa Borsig on Lake Tegel to rebuild team spirit after a rocky start. The two-day meeting will focus mainly on cutting bureaucracy and improving the competitiveness of the German economy. Conservative Chancellor Friedrich Merz urged rapid results, warning that companies are under severe pressure. The government plans a modernization agenda to cut bureaucracy costs by 25%—about 16 billion euros—partly through an 8% reduction in federal staff. Ministers will not stay overnight but will share a dinner together.
Read at www.dw.com
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