German Business Group Calls for Recess End

The Family Business Association in Germany called on the government and parliament to expedite the approval of the promised economic reforms and to avoid allowing legislators to go on their summer holidays if it results in delaying their implementation. The association emphasized that postponing the laws could undermine reform efforts and negatively impact companies, urging continued work throughout the summer to pass them before August. The major reforms include the pension system, income tax, and labor market, all aimed at enhancing competitiveness and encouraging investments.

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