Deutsche Bank analysts Marion Muehlberger and Ursula Walther say firms view Germany’s recent reform package, outlined last week, as a positive step though many want further measures. The package includes tax and pension changes, cuts to administrativ

2026-07-08

Deutsche Bank analysts Marion Muehlberger and Ursula Walther say firms view Germany’s recent reform package, outlined last week, as a positive step though many want further measures. The package includes tax and pension changes, cuts to administrative approvals and more flexible labor rules. Analysts say the measures could boost business confidence and improve Germany’s competitiveness. Business groups flagged missing reforms on wage costs and social‑security The contributions, corporate taxation and broader working‑time flexibility. analysts said implementation capacity will be critical and that rapid Implementation in the autumn is key.