German Business Leader Calls for Economic Reforms Under New Government
Rainer Dulger urges swift action to address structural challenges and seize the opportunity for economic renewal in Germany.
- Rainer Dulger, president of the Federation of German Employers' Associations, sees potential for a significant economic shift with the new federal government in place.
- Key challenges identified include high energy costs, excessive taxation, bureaucratic hurdles, and lengthy approval processes that hinder growth.
- Dulger emphasizes the need for reforms such as capping ancillary labor costs at 40%, reducing bureaucracy, and modernizing social security systems.
- He advocates replacing the current citizen's income system with one that better balances support and accountability while focusing on employment opportunities.
- Flexible working hours and digital efficiency in necessary bureaucratic processes are highlighted as priorities to boost productivity and economic growth.