Berlin’s wake-up call to Europe and Cyprus

The recent announcement by the coalition government of German Chancellor Friedrich Merz regarding the ‘Revitalisation and Employment Programme’ marks a significant shift in Europe’s economic policy.

Faced with years of stagnation and weak competitiveness, the German government has unveiled a new package of 34 measures, aimed at boosting competitiveness through a radical restructuring of the business environment and labour market, while also tackling bureaucracy....