German government looks to AI and cutting red tape to revive economy


Germany's Chancellor, Friedrich Merz, arrives for an informal summit at the Danish parliament at Christiansborg Castle in Copenhagen, Denmark, October 1, 2025. Ritzau Scanpix/Thomas Traasdahl via REUTERS

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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

France's Atos flags steep revenue decline for 2025
Hotels allege predatory pricing, forced exclusivity in�Trip.com antitrust probe
David Rosen, 95, dies; video game visionary and co-founder of Sega
Gates and OpenAI team up for AI health push in African countries
AI agents ‘perilous’ for secure apps such as Signal, Whittaker says
L'oreal to invest $383 million in Indian beauty tech hub
OpenAI to start offering chatbot ads to advertisers, The Information reports
DeepSeek technique to improve AI’s ability to ‘read’ long texts questioned by new research
Philippines to restore access to Grok after developer commits to safety fixes
OpenAI to unveil chatbot ads to its advertisers, The Information reports

Others Also Read