Germany's Merz to press cabinet for faster pro-growth reforms
German Chancellor Friedrich Merz arrives for a cabinet meeting at the Chancellery in Berlin, Germany, July 29, 2026. REUTERS/Nadja Wohlleben/File Photo
BERLIN, Aug 23 (Reuters) - 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 concentration on that — keep your eye on the ball."
Merz, leader of the conservative Christian Democratic Union, plans to focus ministers on swiftly implementing reforms agreed before the summer recess, including measures covering taxes, pensions, deregulation and digitalisation, according to the report.
"We made historic decisions before the summer break," Merz said. "Now they must be implemented as quickly as possible."
He said the government's priority was to deliver "rapid and comprehensive relief for the economy," particularly for tradespeople and small and medium-sized companies.
(Reporting by Maria Martinez; Editing by Alistair Bell)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Motor racing-Milei puts himself in the driver's seat to bring F1 back to Argentina
- Nvidia customers notified about AI-related price hikes above 15%, Bloomberg News reports
- Seven dead in UK after vehicle travelling wrong way hits police car
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share