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 labour 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
contributions, corporate taxation and broader working‑time flexibility. The
analysts said implementation capacity will be critical and that rapid
implementation in the autumn is key.