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German government looks to AI and cutting red tape to revive economy
Yahoo Finance· 2025-10-01 11:51
By Miranda Murray BERLIN (Reuters) -German Chancellor Friedrich Merz vowed on Wednesday to make Europe's biggest economy competitive again after the cabinet approved measures aimed at reducing bureaucracy and making it quicker and easier to do business through AI and digitisation. "We are of course aware of the problems facing the German economy at the moment, but we aspire to return to the top," Merz said at a press conference at the Borsig Palace on Berlin's outskirts. Under Merz, Germany has shifte ...